GERMAN ARMY BILL
THE FINANCIAL PROVISIONS. UNIVERSAL SERVICE. THE TRUSTIEST FOUNDATION. (By Telegraph.—Frew Association.—Copyright). BERLIN. March 29. Received March 29, 5.5 p.m. The preamble to the Army BI.U states that, owing to the Balkan war, the ratio of power In Europe had shifted. The strength of the Army had not kept pace with the growth of population. Universal service was the trustiest foundation of Germany’s strength. The permanent recurring expenditure was 190,000,000 marks yearly, and as the sources of taxation open to the Imperial Government did not suffice for the burdens a considerable portion must be shifted to the Federal States. The Army Bill provides for a nonrecurring expenditure of £52,500,000, and the war cheat is ’lncreased from £6,00,000 to £18,000.000. A defence levy of a half per cent, on property above £SOO and two per cent, on Incomes above £2500 will be made. An extra annual expenditure of £9,500,000 will be met by Increasing the matAcular contributions by 14% - per capital above the present Bd. Joint stock and limited companies will be assessed after their liabilities have been deducted. It Is proposed to issue notes for live and ten shillings.
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Bibliographic details
Southland Times, Issue 17306, 31 March 1913, Page 5
Word Count
191GERMAN ARMY BILL Southland Times, Issue 17306, 31 March 1913, Page 5
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