FRENCH FINANCE
FUETHEE ECONOMIES DRASTIC PROGRAMME MILLIONS TO BE SAVED By Telegraph—Press Association—Copyright (Received June 25, 7.5 p.m.) PARIS, June 2-1 The French Cabinet is actively engaged in a search for new economies. Cuts already decided upon are:—Railways, £16,000,000; health insurance, £5,300,000; and pensions, £7,000,000. The President, M. Lebrun, has issued a decree reducing the interest for two years on national defence savings certificates from 4?, per cent to 4 per cent.
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Bibliographic details
New Zealand Herald, Volume LXXII, Issue 22145, 26 June 1935, Page 11
Word Count
72FRENCH FINANCE New Zealand Herald, Volume LXXII, Issue 22145, 26 June 1935, Page 11
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