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ECONOMIES IN ITALY.

GENERAL WAGES CUT. IBT CABLE—P-lESS ASSOCIATION—COPYBIGHT). (AUSTRALIAN AND N.Z. CABLE ASSOCIATION.) IiONDON, September 19. The Home correspondent of the Central News- Agency says that having stabilised the lira, Signor Mussolini is bow devoting his attention to administrative economies. / His first measure is a reduction of ■Civil Servants' salaries amounting to £8,500,000 a year. Banks and private firms have followed suit with cuts .of from 15 to 20 per cent. The basic ininstries and agriculture follow next, lith graduated, reductions in order to prt hardship on the workers. The hoposal also affects doctors, lawyers, S:jd journalists. When the economy e itompleted it is estimated that the f &hequer will benefit to the extent rVtvro milliards of lira yearly.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19270921.2.63

Bibliographic details

Press, Volume LXIII, Issue 19111, 21 September 1927, Page 9

Word Count
120

ECONOMIES IN ITALY. Press, Volume LXIII, Issue 19111, 21 September 1927, Page 9

ECONOMIES IN ITALY. Press, Volume LXIII, Issue 19111, 21 September 1927, Page 9

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