I'm the Dauphin in France

Chapter 882: Settlement of Accounts after Autumn
At the same time, police arrested more than 30 financial experts in various parts of Paris who had previously spread rumors that "France's gold reserves were insufficient" and incited people to run on gold.

In fact, these guys hired by McGovern were targeted by the police and intelligence agency just a few days after they started their activities.

It was only in order to give the British the illusion that the French government was failing to respond effectively that no arrests had been made.

Now that the matter has been settled, the police immediately took action to close the case.

In fact, these "French public intellectuals" were also careless.

They didn't even think about the fact that the government had not implemented news censorship on such a major event that concerned the financial lifeline of France, and it was obvious that it had nothing to fear.

Of course, it is also because the British gave too much, which made them lose the ability to make calm judgments.

On the other side, the Paris Seine Silk Trading Company, the white glove established by Britain in France, was surrounded by hundreds of police officers.

Gray, the company manager, looked at the police who rushed into the office and protested loudly with an indignant expression:

"What are you going to do?
“The police arbitrarily harassed and threatened a company doing legitimate business.

"If you don't leave immediately, I guarantee that what happened here will spread all over Paris tomorrow!"

A police captain came over and smiled at him:
"Please calm down. We are only here to maintain order. These gentlemen are the ones who really have work to do."

As he spoke, he stepped aside, and Gray saw a group of people in tax bureau uniforms walking in. He knew the man leading them, he was the chief tax investigator in Paris, Chaumet.

Gray was stunned for a moment, but immediately regained his composure: "I said, our company is doing legitimate business, you can check the taxation at will."

His company mainly handles shady matters for the British government and has almost no business, so it doesn't have to pay any taxes.

However, Xiaomet did not go through the company's accounts as he would normally do for a tax audit. Instead, he took out a few pieces of paper from his pocket, unfolded them, and held them up to Gray:
"Excuse me, did you sign this agreement?"

When the latter saw the words on the paper, his pupils suddenly shrank.

That was the text of the agreement in which he had borrowed 400 million francs from Lemoine in the name of his company a few days ago.

"Why is this thing in your hand?!"

"Well, it seems that you did sign it." Chaumet put away the agreement and nodded. "Mr. Lemoine said that you borrowed 400 million francs from his bank on the grounds that the company needed it."

He glanced at his assistant and pointed at his feet: "Kohler, how much tax did this company pay last year?"

"Twenty-seven francs and seven sous, sir."

Xiaomette stared at Gray coldly: "Your company has a huge amount of 400 million francs in account, which is enough to prove that the scale of operation is very large, but it only paid 27 francs in taxes.

“I have to suspect that this company is engaging in serious tax evasion.

"I am now going to launch an investigation here. All the company's funds and equipment will be frozen until this is over. You and other people in the company must also be under the supervision of the tax bureau at all times."

Gray broke out in a sweat and said in a lost voice: "No, this money is just...I borrowed it on behalf of a friend."

“I hear this kind of quibble almost every day.”

Xiao Meite snorted disdainfully and said to his men beside him: "Seal this place immediately, not a single piece of paper can be left out!
"Oh, we can let the reporters in now. They will definitely be very interested in this tax evasion case."

"Yes, sir!" On that day, the Paris tax bureau almost went out in full force to launch a tax evasion investigation on five white glove companies opened in the UK.

The evidence is ready - the French government arranged all the loans to these companies and the people who exchanged pounds. They then handed the signed agreements to the tax authorities.

A large number of police also flocked to the home of Lord McGovern's French adviser Bruni, who arrested him on charges of "espionage" and "malicious disruption of the market."

Bruni had previously used his status as a bank executive to steal data from the French central bank and leak it to McGovern. This alone is enough to sentence him to more than 80 years in prison.

The person who reported him was Manager Gray, who had been taken away by the tax bureau not long ago.

Along with Bruni, Gray and others also exposed dozens of British financial spies who participated in the short-selling of the franc.

However, these spies had a keen sense of smell, and more than a dozen of them fled overnight. However, for the French Intelligence Agency, this is still the biggest achievement in combating a spy network in the past two years.

In the square outside the headquarters of the French central bank.

Sean Ross, deputy editor of the Dresdner Daily News, jumped off the carriage, but saw only the Parisian citizens dispersing like a tide, and was suddenly a little confused.

In his imagination, the place should be filled with cursing and even some violent incidents such as bank attacks.

However, apart from the garbage covering the ground, everything seemed normal.

He hurriedly said to the accompanying reporter: "Simon, go find someone to get the news."

Several reporters nearby heard that they were speaking German and turned around and said in German:
"Don't you know? Since noon, Italians have been bringing in gold coins to exchange for francs. The total amount is more than 3 million."

He pointed to the side door of the French Reserve Bank and said, "Look, gold coins are still coming in."

Another reporter with Lowland features added: "It is impossible that France's gold reserves will collapse. I'm afraid our trip is in vain."

Someone immediately echoed: "My press release was written in vain..."

Just when these foreign journalists were losing interest, they saw staff from the Bank of France bring out a huge wooden sign and put it up in front of the main entrance.

Ross had good eyesight, and he squinted his eyes and read the words on the wooden sign immediately: "Since the beginning of this month, the French Reserve Bank has exchanged a total of 96 ounces of gold, and has never refused to exchange. At present, the bank's warehouse has sufficient gold reserves and can accept exchange business at any time."

All the foreign journalists looked shocked.

96 ounces of gold, equivalent to approximately 9 million francs.

This is just the exchange by the French Reserve Bank. Together with other banks, France has exchanged at least hundreds of millions of francs of gold this time!
Despite such a large amount of gold flowing in, there was no problem with France's finances.

Even banks have ample gold reserves.

This is enough to show how strong France's economic and financial strength is!

You know, even if it happened in the UK, the Bank of England might not be able to withstand such a large-scale gold run.

In fact, out of the hundreds of millions of francs exchanged, only about 6 million were actually exchanged for gold.

More than 4 million of them were exchanged for Lord McGovern, and the rest was exchanged for the French people and speculative capital.

(End of this chapter)