Show FRANCE WILL STAY ON GOLD COLD BASE REPORT Conservative Opinion Against Experiments Pound vs Dollar Duel Seen PARIS April 20 France 20 France intends to o maintain her isolation on the gold standard sources close to the Bank of France said today The French attitude will be main main- tamed despite the expectation here that hat other gold standard currencies will follow v the dollars dollar's cX example A movement favoring Inflation In France to counteract the depreciation of ot the dollar already has begun but butts its ts progress is discounted because of the he enormous weight of conservative financial opinion aga against experiments ments with the currency French economists it was indicated preferred to await a conclusion of the he expected duel between the American dollar and the British pound sterling before beCore deciding upon even partial inflation Germany Holds Faith in Dollar BERLIN April 20 German JP-German P German financial mancial circles re regard ard natural devaluation de de' devaluation valuation of the American doll dollar lr to tobe toc be c extremely unlikely inasmuch as ashe the he United States balance is active In n all fields as ilS the United States is constantly receiving payments for tor trade and debts Present fluctuations In the belief belieff of f experts here cannot touch the dolar dol dol- lar ar exchange in the long run This belief Is founded especially on the he f fact lCt that America Is the worlds world's creditor for which reason the demand for Cor dollars will always alwa's result in a natural nat ant ural equalization of dollar exchange near parity it was said Added to this is the fact fad that the number of countries which might be considered for a capital fight has shrunk greatly The measures taken by the United Sta States in the view of commentators here really constitute an underscoring in ing ng of the demand by Dr Hjalmar SCh Schacht president of at the and oth other r leading lending German economists th that lt it is high time to reestablish normal normal nor nor- mal international monetary lions Th The American gold embargo Is re re- re- re in German financial circles asa as asa asa a measure necessitated by the fact that thai the United States has stopped slopped gold payments at home |