HEAVY DEFICIT IN BRITAIN
.MODI FI CATION SUGG ESTED. Electric iclegraiin—. .association Copyright. (4u3tralian-N.Z. Cable A bso<_i at ion . (Received this day, at 12.10 p.m.) London, November 29. A leader in the Daily Mail says the postponement of German reparation instalments will cause a heavy deficit in the British budget. Modifications may result in a, benefit to British trade, but experts must decide whether the taxpayers’ loss in one direction will he made up by increased revenue receipts in another. WOR LD\S M A RKETS. (Received this day, at 11.40 a.m.) London November 30. The Pall Mail Gazette, usually regarded as representing .the* Premier’s viewpoint, states that Mr Lloyd George is preparing to take a lead in proposing a new financial policy, including the entire revision of the reparations provisions of the Treaty of Versailles in order to re-establish the W orld’s markets, including Germany. Ife hopes when at Washington to take up the whole question of the world’s indebtedness.
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Bibliographic details
Pahiatua Herald, Volume XXVI, Issue 2878, 2 December 1921, Page 2
Word Count
160HEAVY DEFICIT IN BRITAIN Pahiatua Herald, Volume XXVI, Issue 2878, 2 December 1921, Page 2
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