FRENCH FINANCE.
SENATE THE DECIDING FACTOR. LONDON. February 21. The ’‘Times's" I'arffi correspondent states: The French Senate Committee's efforts to r<.i>ain the Chamber's financial havoc leads to the belief that it will be. necessary that the taxes shall be sanctioned within a week, or the Government will resign. The latter eventuality is unlikely although nobody can. explain how M Briand will sway the. Chamber. Everybody is forcibly impressed by the nasty shock Io France due to the ('liambcrs reluctance to balance the Budget. The Chamber's Finance Committee is pleased with M. Lriand's promise t n reduce payments as a sop to the Chamber, while still producing ample revenue. There is a general desire to avoid a crisis. FRANCS RFGATC YALI'E. LONDON, February- 21. The francs has recovered to 133.9 to I £l. It is believed this is owing to the 1 improved political situation in France, .
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Grey River Argus, 26 February 1926, Page 5
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146FRENCH FINANCE. Grey River Argus, 26 February 1926, Page 5
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