SOCIALIST REPUBLIC.
NEW REGIME IN'CHILE. FOREIGN CURRENCY SEIZED. CHILDREN TO EE EDUCATED POLITICALLY. (By Telegraph—Press Assn.—Copyright.) (Received This Day, 1.30 p.m.) -SANTIAGO (Chile), June 9. The new Socialist Junta to-day ordered all deposits in foreign currency in the various banks to be turned over to the -Government. The banks are instructed to give depositors pesos at the legal rate in exchange. The Government has begun to put its Socialist, policies lopeiaition. The Central Bank, created in has been taken over and the Board of Governors dismissed. The Junta will name a new board, which operates the Bank along the lines similar to the central bank.
The provincial authorities are directed to suspend taxes on the properties whose owners have not enough money to pay- ■ School teachers have been Informed that an important part of their work henceforth will be directed to the education of the children towhrds Socialism, in order to form a public conscience which will support the new Socialist Republic.
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Horowhenua Chronicle, 10 June 1932, Page 5
Word Count
162SOCIALIST REPUBLIC. Horowhenua Chronicle, 10 June 1932, Page 5
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