FRENCH FINANCE.
BALANCED BUDGET ASSURED. SENATE COMES INTO LINE. PARIS, February 22. The Finance Committee of the Senate passed the whole of the Finance Bill taxation voted in committee as follows: (1) The 1,600,000,000 francs already voted by the Chamber of Deputies; (2) the 3,385,000,000 francs which the Government submitted to the Chamber and afterwards asked the Senate Committee to restore. This made a total of £4,985,000,000 francs. The Minister of Finance (M. Doumer) will now ask the Chamber to vote 400,000,000 francs in the form of an increase in Customs duties, but he need not ask for legislative sanction to take over the 200.000,000 francs which will accrue from the sale pf old stocks. Thus the 5,585,000,000 francs which M. Doumer regards as necessary to balance the Budget for 1926 should now be assured. — (Reuter.)
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Auckland Star, Volume LVII, Issue 45, 23 February 1926, Page 7
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136FRENCH FINANCE. Auckland Star, Volume LVII, Issue 45, 23 February 1926, Page 7
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