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FRANCE RELIEVED.

NEW TAXES ADOPTED. LONG STRUGGLE ENDS. April 5. l: Thc passing of the, new taxes necessary to balance, the, Budget has been achieved, after five.., months' f x djscussion, . two Cabinet crises, and the efforts of. four Finance (Ministers, says, the .Paris correspondent, of the Times. ,M. Perot has reason ,to congratulate,, himself where MM. Painleve, Loucheur and Doumer failed. : It is no exaggeration to say, that the whole, country has heaved a. .sigh of relief,! The i? unable to, follow the, intricacies of the interminable discussions. He is., surprised that.-the ,irane haVnqt!,immediately strengthened. This is because the settlement is.sufficient only to counteract.m.omentarily. ; the normal: ..depressing, influences, ..notably the.iurt.her issue of notes. •There -will, possibly be. difficulties, in getting the /bill., through „ Senate, ,whose ;Finance .Committee . has .already decided to.,appoint a..commission to.ox.amine, the'.'pertol.and. sugar .monopolies, decided on by the. Deputies. The-Chamber of, Deputies adopted a proposal to. increase the .Customs tariff by 30 per cent. ' -

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19260417.2.109

Bibliographic details

Poverty Bay Herald, Volume LII, Issue 1701, 17 April 1926, Page 13

Word Count
157

FRANCE RELIEVED. Poverty Bay Herald, Volume LII, Issue 1701, 17 April 1926, Page 13

FRANCE RELIEVED. Poverty Bay Herald, Volume LII, Issue 1701, 17 April 1926, Page 13