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Embossed postcard of the flag and coins of France, with fixed exchange rates for major currencies including Germany, Belgium, Switzerland, Italy, Netherlands, Great Britain and Ireland, Austria, Russia, Denmark, Norway and Sweden, and the United States of America. There were 100 centimes to the franc. The card was postmarked July 24, 1918 from Welkenraedt in occupied Belgium.
Text:
Carte postale avec pavillon national pour faire connaître le monnayage international.

Embossed postcard of the flag and coins of France, with fixed exchange rates for major currencies including Germany, Belgium, Switzerland, Italy, Netherlands, Great Britain and Ireland, Austria, Russia, Denmark, Norway and Sweden, and the United States of America. There were 100 centimes to the franc. The card was postmarked July 24, 1918 from Welkenraedt in occupied Belgium.

Image text

Carte postale avec pavillon national pour faire connaître le monnayage international.

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Saturday, December 9, 1916

". . . the Financial Secretary, introducing the annual estimates, declared, amid general approval, that France has spent seventy-two thousand millions—that she will have to pay three thousand millions a year in interest. The statement was perceived with bland unconcern. The figures, like those of deaths at the front, no longer have any meaning."

Quotation Context

Extract from the entries for December 9, 1916 from the diary of Michel Corday, French senior civil servant. In his diary, Corday had previously written about the secrecy of the French government and military, the passion of those advocating pressing the war to victory, the callousness of much of the public and the press at the loss of life, and the incongruity of the luxury of Paris less than 100 miles from the front line trenches.

Source

The Paris Front: an Unpublished Diary: 1914-1918 by Michel Corday, page 215, copyright © 1934, by E.P. Dutton & Co., Inc., publisher: E.P. Dutton & Co., Inc., publication date: 1934

Tags

1916-12-09, 1916, December, finance, war finance