THE FRENCH BUDGET.
A HEAVY DEFICIT. Press Association—Electric Telegraph—Copyright ; Australian and N.Z. Cable Association.; (Received Tuesday, 8,55 a.m.) PARIS, Monday. The Budget Commission of the Chamber reports a deficit of £114,800,000, and says: “We must borrow, as Germany has failed to pay us the indemnity due, and the Allies thus far have left us to restore the mines and factories which the enemy sacked in the resolve to destroy industrial France. We must effect reconstruction as far as our resources of labour and materials permit.”
A great number of the inhabitants of the devastated regions must pass their second and third winters in huts in which British, and American workmen would not consent to live a week. The Commission is making a laborious effort to reduce expenditure.
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Wairarapa Daily Times, Volume 46, Issue 14259, 16 November 1920, Page 5
Word Count
127THE FRENCH BUDGET. Wairarapa Daily Times, Volume 46, Issue 14259, 16 November 1920, Page 5
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