FRENCH BUDGET FIGURES
PROSPECT FROM DAWES . PAYMENTS.
(UNITED PRESS ASSOCIATION.—COPYRIGHT.)
(REUTERS TELEGRAM.)
PARIS, 30th September. The Budget for 1925 amounts to 321 milliards of francs. There is a deficit ol six milliards of francs, which M. elemental, Minister of Finance, hopos to cover, by saving two milliards by economies, and the remainder by taxes on Stock Exchange operations and dealings in real estate and commercial bonds.
- He calculates that the payments under the Dawes plan will restore France's financial stability and bring the franc back to normal.
On 31st July, 1914, the National Debt of 1' ranee was approximately 1367 millions sterling; on Ist January, 1019, after the war, it had increased to 5898 millions. But since the war it has been doubled, as the following figures show • Ist January, 1920, 9609 millions; 31st March, 1922, 12,679 millions; 31st March, 1923, 11,574 millions (or about 289,372,741,000 francs). Against this it should be noted that the franc has only one-third of its pre-war value.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19241002.2.32.1
Bibliographic details
Evening Post, Volume CVIII, Issue 81, 2 October 1924, Page 5
Word Count
163FRENCH BUDGET FIGURES Evening Post, Volume CVIII, Issue 81, 2 October 1924, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in