PLIGHT OF FRANCE.
HUGE DEFICIT PREDICTED. M. CAILLAUX PESSIMISTIC. (Received March 20. 11.15 p.m.) PARIS. March 19. M. Caillaux, a former Minister of Finance, in a speech to-day, dealt pessimistically with the financial position of franco. He said the Treasury was almost empty, public expenditure had grown beyond all measure, receipts were dwindling, and the deficit in the 1933 Budget probably would be £75.000,000.
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New Zealand Herald, Volume LXIX, Issue 21137, 21 March 1932, Page 9
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64PLIGHT OF FRANCE. New Zealand Herald, Volume LXIX, Issue 21137, 21 March 1932, Page 9
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