BRIAND’S CABINET
EXTRA EDITION.
ITS FIRST TEST.
AN UNPOPULAR BILL,
THE INFLATION ISSUE
8Y CARLE —PEERS ASSOCIATION—COPYEIGHT
(Received Dec. 3, 12.20 p.m.) v PARIS, Dec. 2. M. Briand’s new Government will face two crucial votes in the Chamber to-night—-firstly, when M. Briand demands the postponement of all interpellations on his declaration of policy until after the vote on M. Loucheur s so-called Inflation Bill; and, secondly, on the Inflation Bill itself. The latter provides for the issue of seven and _ a half milliards of new hank notes, six milliards of which are required tor Treasury purposes and the remainder to meet commercial requirements. It also provides for the raising of six niilliarcls of francs hv new taxation, the collection of which will reabsorb six millions of the inflationary issue, the Bill is unpopular, but may scrape through on the ground of urgent necessity.—Reuter.
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https://paperspast.natlib.govt.nz/newspapers/HAWST19251203.2.44
Bibliographic details
Hawera Star, Volume XLV, 3 December 1925, Page 7
Word Count
143BRIAND’S CABINET Hawera Star, Volume XLV, 3 December 1925, Page 7
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