FRENCH FINANCE
PROMOTION OF STABILITY:
NEW PROPOSAL BY M. CAILLAUX
Fnn Association—By Tslecraph—CopyrlakS
PARIS, October 18.
M. Caillaux, for the purple of resisting the capital levy, is presenting a Bill to consolidate the internal debt at per cent., enabling the production of a sinking fund, of which one-third will be to meet foreign obligations and the remainder to cancel the internal debt, which now absorbs £220,000,000 in interest out of an income of £360,000,000.— Sydney Sun Cable.
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Bibliographic details
Otago Daily Times, Issue 19616, 21 October 1925, Page 7
Word Count
77FRENCH FINANCE Otago Daily Times, Issue 19616, 21 October 1925, Page 7
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