FRENCH FINANCE
CAILLAUX’S PROPOSALS.
DEBT REDEMPTION OFFICE.
NO PARLIAMENTARY CONTROL BY CABLE—PBES3 ASSOCIATION-COPYBIGHT. LONDON, Oct. 31. The Morning Post's Paris correspondent. states that M. Painleve’s Cabinet is no sooner complete that M. Caillaux has shown his teeth. "He published in the Petit Parisien the full text of his financial proposals, with accompanying arguments presented to his colleagues at the last sitting of the retiring Cabinet. The general effect of the proposals is already known. He proposed a debt redemption office, to be endowed with annual revenue of eighteen to twenty millions sterling,-derived from fresh taxation on capital revenue, receipts also to include German Dawes payments as received. The office would be free from Parliamentary control. The funds would not figure in the Budget, but would be used solely to meet the debts of the Treasury as they became due.
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https://paperspast.natlib.govt.nz/newspapers/HAWST19251102.2.42
Bibliographic details
Hawera Star, Volume XLV, 2 November 1925, Page 7
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139FRENCH FINANCE Hawera Star, Volume XLV, 2 November 1925, Page 7
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