The Waterbury Democrat., 1943-02-26

that U. s. troops were going to land in North Africa. How they knew this military secret in ann- pie time to send their money to Algiers--thOugh the U. s. Cabl- net did not know 1t until . few { days before - has not been
 definitely established, on this side of the Atlantic.
 However, certain circumstantlal facts are significant. The charm ing and naive Robert Murphy, had aS his close friend Jacques Le- raaigre- -Dubreuil. head of the French Association of Taxpayers, Q big business lobby -- financed by many of these bankers. Le- maigre- Dubreuil worked hand in glove with the Colmite des Forges, or Steel trust, which had property in Austria and Axis countries. He had led the fascist disturbance in Parts in a0A3, shared the same political philosophy 'as these Ger man collabora ting bankers, and was close to them. " 7
 Strangely enough 1t was Lee maigre- Dubrieuil whom Murphy chose to handle his contacts for the invasion of North Africa. It was he who picked General Gi- raud, arranged to get him to North Africa in disguise, and who was Murphy's key man in this vitally important operation.
 How much Lemaigre- Dubreuil told his banker friends in Paris r about our military plans Is his secret, but 1t is an incontr0vert-
 ibIe fact that they moved their
 2S billion franc profits, wrung
 from unfortunate Jews and la
 bOr unions, to North Africa
 shortly before the U. s. land- ing. @N' FRENCH BANKING LOBBY
 After U. s. troops landed, the State, War and Treasury depart- merts had agreed to keep the ex- change rate at 75 francs for one dollar. Whereupon the French bankers immediately launched 8. lobbying campaign to peg the franc at 50 to the dollar. Obvious ly this would greatly enhance the 25 billion franc nest-egg they had sneaked out of Paris.
 Strangely enough the bankers received vigorous support from the naive Bobby Murphy. His argu- ment was that in Free French Africa to the south, the franc was begged at 50 to the dollar, so it should not be 75 to the dollar in North Africa.
 However, Washington had fixed
 the 75 franc rate in Algiers and
 Morocco because the Germans
 had made the franc much weak
 CT in this area, while they had
 not been able to weaken the
 franc in Free French Africa. } The Treasury is supposed to govern U. s. financial policy. But in this case, Mir. Murphy went to bat so vigorously for his French banking friends, that eventually he got hold of President Roose- welt in Casablanca and the White House issued an order fixing the rate at 50 francs to the dollar.
 Overnight, the French banking clique which had profited from the forced sale of Jewish and labor union property had their 25 billion franc nest-egg increased in value from S350. 100000 Oto $S2b,- 100000.
 CAPITAL CHAFF
 It was shortly after L0ulsiana's z Senator Ellender telephoned Loil- isiana'g state Supreme Court Jtis- tice Archie Higgins that he was sure to be appointed to the V. D. Fifth Circuit Court Of Appeals, that FDR appointed Texas Jiln- my Alfred to that iudgeship It looks as # Judge Higgins mlent now run for governor og Louisiana -. Jlln Farley thinks the he- UuNtleANB WAik HA8A 14Fs 1ttNA%t Of Ohio a8 their nominee. Jim himseif ls partial t0 Senator Scott Lucas Of illinois e the Democratic candidate, but he doesn't count out Henry Wallace. Jimmy 5yxnesl Paul AacNutt, oF eyen-JtIm KnK- Icy ,... A delegation from lne Democratic National comm.tsee wiIi caii on FuR March 2 aiens with Prank walker lo disenGa Ae moot QnegtIon feWeHaln9 mere DfmQeIaig Instead l5 uselp NeR,g- lloans - which ihe commllfef fags has hean ina white NkelIef practice in ih9 past 4HIA guess IlzLlL 4.lssSE . q
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