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France / Economy #199071

CBS Evening News for Monday, Dec 30, 1968
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(Studio) Austerity program in France seems to help economy French skeptical.
REPORTER: Harry Reasoner

(Paris, France) United States dollar to be affected if franc devalued. French believe franc going out of style; go on spending spree. Gold in demand. Jewels also selling well. Cartier's jewelry note. [Cartier EXECUTIVE - explains why jewels more desirable than gold.] Works of art being bought. Art auction shown. Real estate boom noted. Thoroughbred horses in demand. International monetary system being jeopardized.
REPORTER: Charles Collingwood

Reporter(s):
Collingwood, Charles;
Reasoner, Harry
Duration:
00:04:20

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