FREE STATE BUDGET.
DEBT OF TWO AND A HALF MILLIONS. By Telegraph—Pre3s Association—Copyright Australian and N.Z. Cable Association. (Received April 15, 5.-5 p.ra.) LONDON, April 14. Mr "W. T. Cospy are introduced th» first Free State Budget in th© Dad Eireann for the year 1922-23. ’Hie debt is shown to be £2,500.(XX), with an Exchequer balance of £197,000. Mr G'osgravo said they had been engaged in a war involving abnormal expenditure. They bad also suffered big losses through organised sabotage. The rebels had utterly failed in the', attempt to bring economic pressure to bear on the Free State. There woul.l be no appreciable increase in the existing commitments. He was prepared to exhaust the resources of tiie Free State in asserting th© principle of ordered government. The cost of defence of the, people’s liberty was well within their resources. There was no danger of crippling the prosperous development of the country.
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Star (Christchurch), Issue 17017, 16 April 1923, Page 4
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151FREE STATE BUDGET. Star (Christchurch), Issue 17017, 16 April 1923, Page 4
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