WHOLESALE ECONOMIES
BALANCING FRENCH BUDGET. CABINET APPROVES SCHEME. By Telegraph—Press Assn. —Copyright. Paris, Jan; 15. The French Cabinet after an all-day meeting approved of measures to Immediately balance the Budget. The measures are to be presented in the Chamber on Tuesday. Ministers agreed to a 10 per cent, cut in their own salaries, also the following reduction in departmental estimates: War, 300,000,000 francs; Marine, 150,000,000 francs; Air, 200,000,000 francs; other departments, 350,000,000 francs; civil service salaries, 250,000,000 francs; civil military allowances 600,000,000 francs. Income tax was increased by 250,000,000 francs. There will be no reductions in exsoldiers’ pensions. There will be one yearly lottery, the profits being devoted to war victims. M. BONCOUR’S FALSE MOVE. SYNDICATES END NEGOTIATIONS. Rec. 12.30 a.m. Paris, Jan. 16. The latest complication in the fiancial situation is that two great syndicates representing the civil service and postal workers have broken of negotiations with the Government on its Budget proposals. The Prime Minister (M. Paul Boncour) hoped to placate the syndicates by discussing the proposals before they were submitted to Parliament; instead he antagonised a large body of the public which resents trimming the Budget proposals in order to secure the support of particular groups.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TDN19330117.2.82
Bibliographic details
Taranaki Daily News, 17 January 1933, Page 7
Word Count
199WHOLESALE ECONOMIES Taranaki Daily News, 17 January 1933, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in