Show RiSE OF fRANC FOilS V Et NA British and American Loan Brings About French Recovery VIENNA March The 14 14 The Tile rapid raple recovery Cry of ot the th French franc Is lic perturbation In Aus- Aus Austrian Austrian causing u grave crave e trian n financial l circles which have been selling short In h large lore amounts Speculators In exchange havo ha hav e sold ten times more francs than there are ore In circulation hero hert ac- ac accordIng according cordIng to tho the Wiener WienT and ond consequently stand to suffer euffer i losses ROUT KOUT FRE II nEARS BEARS PARIS March The 14 14 The The black pessimism of last week has been replaced by optimism as ae a a a result of yesterdays yesterday lout tout of the tho bears on orthe the exchange market thank to the th and pounds thrown Into the th battle for tor th the franc the franc by France Franco s a American and British allies Official 31 circles admit the tho allied BId aid surpassed their fondest fonde t ho hol hopes es and ane what pleases them most Is the th confidence of the tho American and h circles In the economic fu- fu future fu future ture of ot France which the action of the bankers impulse ECONOMISTS HAPPY The Th technicians ore are ar loud In their praise of ot the skill with which the r operation was carried out at the psychological moment They gen gen- genI generally Ben I believe bolle e that sterling ster will III IIII I continue its It drop on Or U French market to 90 or under since the present price Is not In relation to the commodity value of th the franchere franc franchere here The They warn however that the bears who ho ho are supposed ed to bo centered cen- cen centered cen centered In Amsterdam will till III mal make e a determined and PO powerful erful effort at reaction consequently they emphasize size elze the vital necessity tor for the French government energetically to pursue Its It policy of ot retrenchment retrench retrench- retrenchment retrenchment ment |