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Show FRANCE FACES GOLD DILEMMA PARTS, June 29 (U.Pi Franco has been drained of gold to the extent of billions of francs and is in a critical position which calls for devaluation of the franc from its present level, Georges Bonnet, finance minister, told the finance commission of the chamber cham-ber of deputies .today. Bonnet, recalled as ambassador at Washington to his ministerial post as savior of the franc, revealed re-vealed that the treasury is in desperate straits and had to borrow bor-row heaviiy from state funds to - . ,vt rued its' week end commitments. |