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France
169
Paris, Lille, Strasbourg, Lyon,
As of the end of 1957, productivity loans totalling 3.8 billion francs
Between 150 and 200 teachers
($10.8 million) had been actually disbursed to 197 firms, most of them
with less than 100 workers. Some 280 million francs ($800,000) had
been repaid.
f higher education that the most
1: business-management institutes
TABLE IV
hroughout France. The first eight
Allocation of French Productivity Loans
with the aid of grants from the
as of Dec. 31, 1957
all the institutes has now been
(350 francs = $1)
of Education.
ded grants to two organizations
Branch
Number
Total
Total Cost
Supplemen-
d work in operational research
of Loans
Loans
of Programs
tary Bank
Loans
Opérationnelle and the Société
(In millions of francs)
ile).
Mines & quarries
5
118
322
50
series of studies has been carried
Metal production
2
90
437
128
ining of skilled workers and the
Metal refining
9
344
1,085
14
1 needs of the French economy.
General machinery
2
55
160
15
ort on the types of skilled workers
Heavy machinery
2
68
99
and on the measures that must
Precision machinery, etc.
21
348
727
107
Agricultural machinery
6
119
324
63
Aviation industry
1
25
60
Optical & clock industry
4
82
173
Metalworks & boilerworks
11
355
720
30
Building materials
5
124
258
15
5.1 billion francs ($14.5 million)
Public works
9
686
1,707
421
955, when the French Government
Electrical industries
9
188
361
14
llion) to the National Productivity
Leather
1
25
92
20
[$5.7 million] was added to the
Shoes
12
135
284
116
Wood industry
7
167
461
102
rench Government agreed to make
Textiles
10
271
733
212
he amount of the principal repaid
Clothing
7
61
139
14
preceding French fiscal year, on
Chemical industries
4
94
413
55
se the amount available for loans
Glass
4
105
297
98
The French also agreed in 1957
Food production
4
40
103
30
Loan Fund would be transferred
Miscellaneous industries
16
380
800
83
mum of 4 billion francs would be
Retail & wholesale
65
867
2,750
186
asury to replenish the Loan Fund.
Agriculture
15
215
494
25
Agricultural industries
9
85
219
28
equests for loans totalling almost
Fishing
2
80
179
27
the Commissariat Général à la
Forestry
1
12
12
productivity program. Of this
which 64 were directed to other
Total
233
5,143.28
13,420
1,856*
quests for loans totalling 5.1 billion
d for productivity programs total-
(*Figures do not total because of rounding.)
million). Of the 7.9 billion francs
financing, 1.9 billion francs ($5.4
Although the original agreement between the French Government
tary bank loans and 6 billion francs
and the U.S. Mission regarding the use of 115(k) funds recommended
orrowing firms themselves.
maximum interest rates of 6% over a maximum loan period of seven
RUMAN
NARA
LIBRARY
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"ocrText": "France\n169\nParis, Lille, Strasbourg, Lyon,\nAs of the end of 1957, productivity loans totalling 3.8 billion francs\nBetween 150 and 200 teachers\n($10.8 million) had been actually disbursed to 197 firms, most of them\nwith less than 100 workers. Some 280 million francs ($800,000) had\nbeen repaid.\nf higher education that the most\n1: business-management institutes\nTABLE IV\nhroughout France. The first eight\nAllocation of French Productivity Loans\nwith the aid of grants from the\nas of Dec. 31, 1957\nall the institutes has now been\n(350 francs = $1)\nof Education.\nded grants to two organizations\nBranch\nNumber\nTotal\nTotal Cost\nSupplemen-\nd work in operational research\nof Loans\nLoans\nof Programs\ntary Bank\nLoans\nOpérationnelle and the Société\n(In millions of francs)\nile).\nMines & quarries\n5\n118\n322\n50\nseries of studies has been carried\nMetal production\n2\n90\n437\n128\nining of skilled workers and the\nMetal refining\n9\n344\n1,085\n14\n1 needs of the French economy.\nGeneral machinery\n2\n55\n160\n15\nort on the types of skilled workers\nHeavy machinery\n2\n68\n99\nand on the measures that must\nPrecision machinery, etc.\n21\n348\n727\n107\nAgricultural machinery\n6\n119\n324\n63\nAviation industry\n1\n25\n60\nOptical & clock industry\n4\n82\n173\nMetalworks & boilerworks\n11\n355\n720\n30\nBuilding materials\n5\n124\n258\n15\n5.1 billion francs ($14.5 million)\nPublic works\n9\n686\n1,707\n421\n955, when the French Government\nElectrical industries\n9\n188\n361\n14\nllion) to the National Productivity\nLeather\n1\n25\n92\n20\n[$5.7 million] was added to the\nShoes\n12\n135\n284\n116\nWood industry\n7\n167\n461\n102\nrench Government agreed to make\nTextiles\n10\n271\n733\n212\nhe amount of the principal repaid\nClothing\n7\n61\n139\n14\npreceding French fiscal year, on\nChemical industries\n4\n94\n413\n55\nse the amount available for loans\nGlass\n4\n105\n297\n98\nThe French also agreed in 1957\nFood production\n4\n40\n103\n30\nLoan Fund would be transferred\nMiscellaneous industries\n16\n380\n800\n83\nmum of 4 billion francs would be\nRetail & wholesale\n65\n867\n2,750\n186\nasury to replenish the Loan Fund.\nAgriculture\n15\n215\n494\n25\nAgricultural industries\n9\n85\n219\n28\nequests for loans totalling almost\nFishing\n2\n80\n179\n27\nthe Commissariat Général à la\nForestry\n1\n12\n12\nproductivity program. Of this\nwhich 64 were directed to other\nTotal\n233\n5,143.28\n13,420\n1,856*\nquests for loans totalling 5.1 billion\nd for productivity programs total-\n(*Figures do not total because of rounding.)\nmillion). Of the 7.9 billion francs\nfinancing, 1.9 billion francs ($5.4\nAlthough the original agreement between the French Government\ntary bank loans and 6 billion francs\nand the U.S. Mission regarding the use of 115(k) funds recommended\norrowing firms themselves.\nmaximum interest rates of 6% over a maximum loan period of seven\nRUMAN\nNARA\nLIBRARY"
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