French Investments Research Articles

French Investments in Argentina and Brazil

French Investments in Argentina and Brazil

The Amount, Direction and Nature of French Investments

It has been fashion, in official speeches, in parliamentary reports and debates, to state that is great banker of world, that she is creditor everywhere and nowhere debtor; and at same time to say: There is no capital left in France for undertakings. M. Briand, President of Council (Prime Minister), speaking in 1909, stated: French gold streams over entire If we may be allowed to express anxiety or regret, it is because none remains in country itself. M. Raymond Poincar6, then Minister of Finance, now President of Republic, said: is an indefatigable creator of wealth. She works, she produces, she economizes, and that is why her market is always biggest reservoir of capital in world. And he added: Perhaps it might be better that largest portion of this wealth be employed in commercial and industrial undertakings. For authority of these important personages I regret to state that before uttering such words they should have studied facts. It is not exact that France is the greatest reservoir of capital, or the greatest banker of world. A glance at London market suffices to set aside such an assertion. The flota-