FRENCH FINANCES
A FUND CREATED. REDEMPTION OF PUBLIC DEBT M. DOUMER’S PROPOSALS. BY CABLE—PRESS ASSOCIATION—COPYRIGHT. Received Dec. 22, 1.26 p.m. PARIS, Jan. 1. Further details of M. Doumer’s financial proposals show that they provide an autonomous fund for the redemption of the public debt, to he administered by a council composed of independent and impartial high officials. Besides a minimum allocation qf 2500 million francs, the fund will receive any Budget surplus, also donations and legacies. The price of tobacco will be increased fivefold as compared with pre-war prices as a result of the new tax. It is stated that the new special temporary tax on payments will not apply to indispensable foodstuffs. —Reuter.
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https://paperspast.natlib.govt.nz/newspapers/HAWST19260102.2.62
Bibliographic details
Hawera Star, Volume XLV, 2 January 1926, Page 7
Word Count
114FRENCH FINANCES Hawera Star, Volume XLV, 2 January 1926, Page 7
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