FRENCH FINANCE.

Sun (Christchurch), Volume II, Issue 511, 29 September 1915, Page 7

FRENCH FINANCE.

COST OF;; THE; WAR. . PARIS, September 28. A Senate memorandum shows that the total credits received and pending are £1,200,00.0,000.The expenditure during the nionti& in- ' eluding the cost of • the war-was £74,800,000 •U-Iriipntjhi^ , - ; :-*rhe : estiirjate of the monthly for the ccniing quarter is £*s,ooo,ooo. . The . chairman of the Finance Committee announced that an* important loan was pending. Hitherto they met the expenditure without much difficulty, but a more radical solution was' necessary. . ;