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V3 2000 INDEX       E-SYLUM ARCHIVE




The E-Sylum:  Volume 3, Number 21, May 21, 2000, Article 6

FRENCH COIN SHORTAGE 

   One of your editor's research interests is the specie panic 
   of 1862, caused by financial conditions of the U.S. Civil 
   War.  Citizens of France are running into similar severe 
   cash shortages as a result of a strike by armored car 
   security guards. 

   A May 19th article in the Wall Street Journal notes: 
   "If this is a cashless society, count me out. -- That's the 
   message from disgusted French men and women who 
   suddenly can't find a functioning money machine or who 
   must leave the supermarket empty-handed because the 
   teller doesn't have the right change. 

   Merchants are grumpy, too.  "I went to the bank and they 
   say they don't have any more one- or two- franc coins," 
   groused an apron-clad Joel Jatteau as he arranged fresh 
   mackerel on his fish stand on the east side of Paris." 

  Wayne Homren, Editor

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