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RECONSTRUCTED

HUNGARY'S FINANCES. j * i \ i LEAGUE OF NATIONS’ ACHIEVE-1 MENT i ' I i (Received 1.30 pm.) I GENEVA, June 10. The League Council adopted the re- j port of the committee on the financial [ reconstruction of Hungary, re.com-j mending the cessation of the functions! of Mr. Jeremiah Smith from July 1. ' ' M. Dubois, chairman of the commit-J tee, pointed out that Mr Smith’s do-j parture from Hungary did not mean ■ the end of League control with res-| pect to the balance of the reeon- i struetion loan amounting to eighty- j three million gold crowns, and revc- J nues assigned to the service loan, buij will mean the abolition of control of the budget. M. Bethlen expressed the gratitude of the Hungarian people for the League’s effort, resulting in successful financial reconstruction in the short space of two and a half years.}. —Reuter, • . • (

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19260612.2.44

Bibliographic details

Northern Advocate, 12 June 1926, Page 5

Word Count
144

RECONSTRUCTED Northern Advocate, 12 June 1926, Page 5

RECONSTRUCTED Northern Advocate, 12 June 1926, Page 5

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