SOCIALIST CABINET
AT WOTtK IN CHIU first Mnvr: on ranks ST ATE RAN K ST A R TED SI'SRFNSrON OF TANKS FOR THE HART) UP instructrox to teachers (Aust. and N.Z. Gable) (Received June i O, 2.15 p.m.) Santiago, Jun c 9. Chili’s new Socialist Junta to-day ordered all deposits in foreign currency it: the vaj-idn.s banks to be turned over to the Grvernmcnt. The hanks wer o insirnoted t.o- give depr sitors pesos at the legal rate in exchange. Rio (Government lias begun to put it a Socialist policies into operation. The Central Hank created in 1920 ha s been taken rwer and jt s board of govern: ifs. dismissed. The Junta will nahie a new hoard, which, will operate the Rank along lines similar to the Central Bank. TlVe provincial authorities are directed to suspend taxes on properties whose owners have not enbugh money to pay. School teachers are informed Hint n i important- part of tlicir work henceforth will ho to direct etlura. ti.ort towards Socialism, in order to form tile public eoii R eionee, which must support the new Socialist repaid : c.
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Bibliographic details
Feilding Star, Volume 9, Issue 3742, 10 June 1932, Page 8
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186SOCIALIST CABINET Feilding Star, Volume 9, Issue 3742, 10 June 1932, Page 8
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