TAXATION IN FRANCE
AN ALTERNATIVE PROPOSAL. BIG LOTTERY SCHEME. Press Association —By Telegraph—Copyright PARIS, March 3. (Received March 4. at 5.5 p.m.) During a discussion in the Chamber of on the Budget, Mr Lefevre, an ex-Minister, recommended as an alternative to the proposed increased taxation a loan without interest with lottery prizes, costing in prizes and amortisation 3£ per cent. The scheme provides for a daily lottery being drawn during the first year, each with prizes totalling 1,250,009 francs. Afterwards the drawings would he made weekly, and eventually one 500-franc bond "out of every five would be reimbursed at double its face value.—A. and N.Z. Cable.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19230305.2.36
Bibliographic details
Otago Daily Times, Issue 18803, 5 March 1923, Page 5
Word Count
106TAXATION IN FRANCE Otago Daily Times, Issue 18803, 5 March 1923, Page 5
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in