THE GERMAN BUDGET.
EXPENDITURE LOOKS LESS. HEAVY INTEREST BILL. (Received 0.45 a.m.) COPENHAGEN, January 23. The Gei-man Imperial Budget for 1916, which will be ready next March, will not contain the military or naval expenditure. This will be met by war loans, and the expenses appearing in the Budget will thus l>e .£l.inO.noO,O()O below those of 101."). Interest on loans is entered at two thousand million marks (£100,000,000). A GERMAN BOAST. GOODS ACCUMULATED FOR EXPORT AFTER WAR. (Received 10.10 a.m.) NEW YORK, January 23. llp.rr (itittman. a director of the Dresden Bank, Berlin, in an article in the "World." states that Germany has a large quantity of goods ready for shipment and sale abroad after the war, while the proceeds of securities heid in Ciermany, representing many milliards in hostile countries, will contribute to support the German rate of exchange.
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Auckland Star, Volume XLVII, Issue 20, 24 January 1916, Page 6
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140THE GERMAN BUDGET. Auckland Star, Volume XLVII, Issue 20, 24 January 1916, Page 6
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