THE FALL OF THE FRANC.
DRASTIC REFORMS. POINCAIRE GOVERNMENT STRONG. (Received 2 p.m.l PAEIS. January 18. In the Chamber of Deputies M. Poineare presented a programme of drastic financial reforms, including a 20 pet cent increase in taxation, and rigorous control of exchange dealings. He de elared there was nothing to justify th< recent panic. There had been no infla lion of currency since 1920. Refusing to reply to an interpellation regarding the scale of pensions. M. Pom cure demanded a vote of confidence ii the Government, which was carried bj 304 to 180.—(A. and N.Z. Cable.]
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Bibliographic details
Auckland Star, Volume LV, Issue 16, 19 January 1924, Page 11
Word Count
97THE FALL OF THE FRANC. Auckland Star, Volume LV, Issue 16, 19 January 1924, Page 11
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