PRICE OF DEFENCE.
France Spends Quarter of Her Budget. PREMIER ON DEFICIT. PAEIS, October 31. The French Prime Minister, M. Herriot, in a speech at Poitiers referred to the Budget crieis. He admitted that the deficit for 1933 would be £96,000,000, but said the Government already had saved £41,500,000 by funding the internal debt and £11,500,000 by reducing the military appropriations.' One quarter of the total Budget, he said, went to national defence.
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Auckland Star, Volume LXIII, Issue 259, 1 November 1932, Page 7
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73PRICE OF DEFENCE. Auckland Star, Volume LXIII, Issue 259, 1 November 1932, Page 7
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