The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 February 1950Vol. XX, No. 7

Pacific Franc

p. 8 · Read in the full issue

Conference Pending On Thorny Subject

From Our Own Correspondent

Noumea, Jan. 20.

SUBJECT to the approval of the French Administration, a French Pacific conference, to be attended by a number of General Councillors from New Caledonia and Tahiti, and the French Syndicat Agricole in the New Hebrides, will be held shortly in Noumea to con sider and make recommendations on the exchange value of the Pacific franc.

This is regarded as one of the most im portant financial questions of the day.