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CAILLAUX SHOWS HIS TEETH

PUBLISHES FINANCIAL PROPOSALS DEBT REDEMPTION OFFICE. TREE FROM PARLIAMENTARY CONTROL. Received November 1. 5.5 p.m. LONDON, Oct. 31. The “Morning Post’s’ 1 Paris correspondent states that M. Painleve’s Cabinet is no sooner complete than M. Caillaux has shown his teeth. He published in the “Petit Parisien” the full text of his financial proposals, with accompanying arguments presented to his colleagues at the last sitting of the retiring Cabinet. The general effect of the proposals is already known. He proposed a debt redemption office, to be endowed with annual revenue of eighteen to twenty millions sterling, derived from fresh taxation on capital revenue, receipts also to include German Dawes payments as received. The office would be free from Parliamentary control. The funds would not figure in the Budget, but would be used solely to meet the debts of the Treasury as they became due.—Aus.-N.Z. Cable

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19251102.2.29

Bibliographic details

Wanganui Chronicle, Volume LXXXII, Issue 19444, 2 November 1925, Page 9

Word Count
148

CAILLAUX SHOWS HIS TEETH Wanganui Chronicle, Volume LXXXII, Issue 19444, 2 November 1925, Page 9

CAILLAUX SHOWS HIS TEETH Wanganui Chronicle, Volume LXXXII, Issue 19444, 2 November 1925, Page 9