Skip to main content

Politics & Power Quote by Gordon Sinclair

"When the franc was in danger of collapsing in 1956, it was the Americans who propped it up and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it"

About this Quote

Sinclair’s line is less an economic footnote than a provocation dressed up as eyewitness testimony. He starts with a tidy moral ledger: America saves France’s currency, France pays back the favor with contempt and petty crime. It’s a journalist’s move, but also a polemicist’s: compress a messy postwar relationship into a single, portable scene you can picture on a sidewalk in Paris.

The specificity does most of the work. “1956” isn’t random; it lands in the era when U.S. money and power were underwriting Western Europe, while resentment toward American influence simmered in the same cafés that served Coca-Cola with a sneer. The franc, the street, “Paris” - Sinclair picks symbols that carry instant cultural charge. He’s not arguing about exchange rates; he’s arguing about gratitude, status, and the humiliation of the benefactor who feels entitled to warmth.

“I was there. I saw it” is the quote’s quiet power grab. It preempts the obvious rebuttal - that he’s generalizing, that diplomacy isn’t a bar tab - by staking the claim on personal sight. Yet that’s also the tell: the anecdote is being asked to stand in for a whole country. “Insulted and swindled” paints Parisians as both arrogant and dishonest, old stereotypes updated for the Cold War moment.

The subtext is transactional and nationalist: American aid is framed as generosity, European pride as ingratitude. Sinclair isn’t just remembering a bad day abroad; he’s giving his readers permission to feel wronged on behalf of their country, and to turn geopolitical complexity into a simple story of being used.

Quote Details

TopicJustice
SourceHelp us find the source
Cite

Citation Formats

APA Style (7th ed.)
Sinclair, Gordon. (2026, January 14). When the franc was in danger of collapsing in 1956, it was the Americans who propped it up and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it. FixQuotes. https://fixquotes.com/quotes/when-the-franc-was-in-danger-of-collapsing-in-144062/

Chicago Style
Sinclair, Gordon. "When the franc was in danger of collapsing in 1956, it was the Americans who propped it up and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it." FixQuotes. January 14, 2026. https://fixquotes.com/quotes/when-the-franc-was-in-danger-of-collapsing-in-144062/.

MLA Style (9th ed.)
"When the franc was in danger of collapsing in 1956, it was the Americans who propped it up and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it." FixQuotes, 14 Jan. 2026, https://fixquotes.com/quotes/when-the-franc-was-in-danger-of-collapsing-in-144062/. Accessed 20 Feb. 2026.

More Quotes by Gordon Add to List
Americans Propped Up the Franc in 1956: Gordon Sinclair Quote
Click to enlarge Portrait | Landscape

About the Author

Canada Flag

Gordon Sinclair (June 3, 1900 - May 17, 1984) was a Journalist from Canada.

13 more quotes available

View Profile

Similar Quotes

Charles de Gaulle, Leader
Charles de Gaulle