Show SUSPENSION OF PRODUCE CREDIT French Banker Baner Explains Conditions in His Hs Country Coutry London Feb 7 Capetown advices to traders sa say that produce credits have havo been beon virtually suspended for tho the timo being from Capetown to all al parts of ot the world because of the currency dif dif- The Tho banks aro are finding It Impossible Impossible Im mi- possible to negotiate payments in gold owing to the tho te heavy premium on sovereigns sever sever- I whoa when the they arrive In irs South Africa Af Af- Af- Af rica Paris Fob 7 The Tho Paris market has ha little or nothing nothing- to do with fluctuations tons of or exchange o quotations and tho the upward trend of oC the dollar olar and nd sterling sterling ster ster- ling according to Jullen Julien Julen La L Ferrier cashier chier of or tho the Bank oC of France The cause for tho the rise In the dollar doUar and In sterling is simple he ho said Eald and ad dates date to March arch 15 15 1919 In the tho of ot credits advanced ad by tho tile American and and English tr treasuries to tho thio French government during tho the war ivar tho ho latter in turn tur ha handing time the credits to tho the Bank of oC Franco France Franco Withdrawal of oC credits credIs throw dollars into the tho open market and ad the trade balance running against Franco France Fance caused the tho gradual rise which was a inevitable Speculation although It may be Instrumental in instrumental instrumental In- In to a certain extent in the therise therise rise rue has el comparatively little to do with wih It It It I Is merely the old la law of supply and demand Tho The Bank of oC Franco France Is helpless to assist In the betterment of tho the situation situation situa situa- tion ton in Franco France unless credits credUs similar to those granted during the tho war aro again allowed ed Such Suh c edits however afford ator merely temporary relief Permanent Fez Perma Pena nent neat remedies must como come fr rm m tho the in intensification intensification In- In of ot production and nd ad exports and tho the ruthless rc of Imports In this ts co a u. u tho the hour 8 da day Is a a. aS as s S oua handicap to France coming coining at atts this ts time drao after ater complete stagnation of reduction for tor five i vo years fears |