signed unbound
1925 · Paris
by (ECONOMIC UNREST IN FRANCE IN 1925)
Paris, 1925. unbound. very good. Interesting A.L.S. by an unnamed American Financier vacationing France, providing his observations of the French economic situation in post-war Europe. 8vo. 4 pages, Boulevard Raspail, Paris, France, Dec. 17th 1925, in part: "The French Franc is now 27.50 to a dollar, which is about 3 4/10 cents each. The French people are beginning to have a hard time with their money so depreciated and there is current talk of Financial Revolution. The Socialists here are very strong and are said to be engineering a "Coup-d-Etat." Americans have the opportunity to invest in real estate here is wonderful, with the dollar at its present price - properties can be picked up for a song. The French people pay about 30% of their incomes in taxes (except farmers). Americans pay about 11% so you can see the difference..." Evenly toned and in very good condition. (Inventory #: 283642)