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FRENCH BUDGET CRISIS

ECONOMIES LIKELY TO BE OPPOSED LATEST GOVERNMENT'S PLAN (UNITED PRESS ASSOCIATION—BT ELECTRIC TELEGKAPU —COPYRIGHT.) (Received December 8, 5.5 p.m.) PARIS, December 7. France's third Government in six weeks will attempt to pass its budget through the Chamber of Deputies to-day. The main battle will rage round two articles. The first, on which two governments have already fallen, provides for a modest levy on civil servants' salaries. The second is a new proposal seeking to abolish a number of allowances granted income tax payers. It is probable that the Government will accept considerable modification without putting a question of confidence. MORE CONFIDENCE IN FRANC DECREASE IN GOLD WITHDRAWALS (Received December 8, 11.55 p.m.) ; PARIS, December 8. The fear of a general flight from the franc is over. The Bank of France return for the week ended December 12 shows that less than £5,500,000 in gold was lost.

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https://paperspast.natlib.govt.nz/newspapers/CHP19331209.2.118

Bibliographic details

Press, Volume LXIX, Issue 21034, 9 December 1933, Page 15

Word Count
149

FRENCH BUDGET CRISIS Press, Volume LXIX, Issue 21034, 9 December 1933, Page 15

FRENCH BUDGET CRISIS Press, Volume LXIX, Issue 21034, 9 December 1933, Page 15