FRENCH FINANCE
MIN ISTE Y THREATEN El) r * | DEFICIT OF £•: 00,000,000 c BIG LOAN TO BE FLOATED, j (Australian and N'.Z. Cable Assn.) I . Received October 6, 5.5 p.m. LONDON, October 5. The Daily Express Paris currespon--1 deni slates'that France’s I 52d budget is an obstacle to ,M. Briancl going to i Washington, and may cause the Uuvj eminent's fall. There is a deficit ol | £ 1 00,000,000. The linancial committee of the Chamber of Deputies claims that special allowances to the Government officials xvliieii arc costing the country H-d.oOO, 000 annually should be stopped before new taxes are created or loans floated. The Government at first approved ol Ibis, but it now says that the cost ot living has not fallen sufficiently to Justify the stoppage of the allowance. if M, Briant! goes to Washington he will only remain a fortnight, and M. Viviani will then lead the French delegation. The Government xvill issue a loan of .‘1,0011.000,000 francs (about £150,000,000) on the 2ith Inst.
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Bibliographic details
Waikato Times, Volume 94, Issue 14769, 7 October 1921, Page 5
Word Count
165FRENCH FINANCE Waikato Times, Volume 94, Issue 14769, 7 October 1921, Page 5
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