7 AUGUST 1993, Page 21

For King . . .

THE CRISIS, I must say, has had its moments. One of them came late on Sun- day, when, with time ticking out for a solu- tion, the Far Eastern markets about to wake up, and the franc at the mercy of New Zealand's foreign exchange dealers (all three of them) Philippe Maystedt of Bel- gium, in the chair, adjourned the finance ministers' meeting. So sorry, he said, I have to go and choose a King.