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Britain Devalues Pound

Reel Number: 221456-03

Color: Black and White

Sound: SIL

Year / Date: 1949

Country: England,United Kingdom

Location: London

TC Begins: 02:04:12

TC Ends: 02:05:14

Duration: 00:01:02

Title: Britain Devalues Pound 02:04:18 Newspaper headlines re Cripps & revaluation of pound. 02:04:25 Chancellor of the Exchequer Staffrod Cripps getting out of car, poses & walks past photographers. 02:04:30 Double decker buses & traffic in street outside large government building w/ huge doors. Ext. of Barclays Bank Ltd. w/ sign on door, pedestrians past. Ext. Westminster Bank Ltd w/ sign. 02:04:55 Clock over sidewalk w/ hands at 11:58, tilt down to Throgmorton Street fililed w/ people, mostly men in suits & at least one in a top hat; w/ pencil & paper at curb. High angle shot. Economics; Devaluation; England Money Crisis; 1949; NOTE: 18Sep49 Cripps announced 30% devaluation of the pound from 4.03 dollars to 2.80 dollars.

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