FRENCH FINANCE.
RESCUE JUST POSSIBLE. (by cablx— press association"—cortbwkt.) ibecteb's tslegraus.) TAKIS, June I.*. IT. Caillaux (Financo Minister) at a banquet at Beauvais, referring to Franco's financial difficulties, said he was assured that it was still possible, but only just possible, to right the ship of Stato. Ncvor was there so much need for tho twin spirits of sacrifice and discipline. It was a thankless task to tell the truth to a country from which tho truth had boon withheld for 10 years in order not to offend its suceptibilities. "Wo must havo tho courage to insist on tho Stato reducing expenditure," ho said. "Tho hour has come when tho nation must reduce tho standard e-i" living in order to keep within its resources. I am sorry I am obliged to ask for such efforts* not only from the vory rich, but from all taxpayers according to their means.'*
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Press, Volume LXI, Issue 18410, 17 June 1925, Page 9
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149FRENCH FINANCE. Press, Volume LXI, Issue 18410, 17 June 1925, Page 9
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