Word: janssens
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Dates: during 1920-1929
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...political rumor, the Belgian franc has been stable at 4.54 cents since October of last year. Last week it crashed inexplicably to 4.01. Fiscal experts croaked that this was the most serious break in a European currency since the Dawes plan stabilized the German mark. At Brussels, Finance Minister Janssen was flayed by the Opposition for having allegedly withdrawn in part the support of the Government in "pegging" the franc. While the true cause of the break remained obscure, it was rumored that a slight devaluation of the franc to a point where it may be more firmly pegged...
...made in kind or in services, how could transfer of goods be made without harming the creditors, and how could services be made to pay reparations without prejudice to the creditor country's industry and trade and injustice to its laboring classes? It simply could not. M. Janssen, Belgian Finance Minister, was of a similar opinion...
Finance. . . . . . . . . . . . . . . . . . . (C) Albert Janssen...