HUNGARY’S FINANCES.
WORK OF RECONSTRUCTION. Received Juno 11, 1.50 a.m. GENEVA, June 10. The League Council adopted the report of the committee on the financial reconstruction of Hungary, recommending the cessation of the functions of Mr Jeremiah Smith from July 1. M. Dubois, chairman of the committee, pointed out that Mr Smith’s departure from Hungary did. not mean the end of League control with respect to the balance of the reconstruction loan amounting to 83 million gold crowns and the revenues assigned to the service loan, but will mean the abolition of control of the budget. M. Betlilen expressed the grattiude of the Hungarian people for the effort, resulting in successful financial reconstruction in tho short space of two and a-half years.—A. and N.Z. cable.
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Manawatu Standard, Volume XLVI, Issue 163, 11 June 1926, Page 8
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125HUNGARY’S FINANCES. Manawatu Standard, Volume XLVI, Issue 163, 11 June 1926, Page 8
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