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REBUILDING FRANCE.

'HOUSES AND FACTORIES. I In spite of the ... financial difficulties caused by the non-receipt of reparation payments from Germany, the work of reconstruction in the 'devastated 'regions- of France is to be carried on witlh the same energy in 1923 as in 1922. . Economy is, however, to be exercised by reducing the number of officials employed in the worlr of .examining and : meeting war claims. About one-third, or I 5000, are to be dispensed with, this men-, sure resulting in an economy of 60,000,000 Jrahcs.' >. :: ; ■:':■:,,,;]:»• :■•■,'■'.7^''■'•■■ : H'l ->"%' Latest figures show that 188,000 houses still remain to be rebuilt or repaired, j As far as factories are \ concerned, out of -23,000,. only 2900 are now . awaiting rebuilding or repairing." ■'■.- i The latest credit national issue will (provide 3,000,000,000 francs, which will [ be devoted to the work of restoration in the devastated regions, and, in addition to this, towns throughout the warstricken area are still free to issue loans on the lines of those, issued '■ by Rhehns and Verdun, for example, which are tax I free and 'are guaranteed by the State: ,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19230403.2.78

Bibliographic details

New Zealand Herald, Volume LX, Issue 18364, 3 April 1923, Page 5

Word Count
182

REBUILDING FRANCE. New Zealand Herald, Volume LX, Issue 18364, 3 April 1923, Page 5

REBUILDING FRANCE. New Zealand Herald, Volume LX, Issue 18364, 3 April 1923, Page 5

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