FRENCH BUDGET.
TRADE BALANCE FAVOURABLE. (BY CABLJ-rHF.'SS ASSOCIATION —COPYRIGHT.) ("TH* TIMES.") (Received October 26th, 7.55 p.m.) PARIS, October 25. The Budget for 1928 estimates the "total taxation at 55,000,000,000 francs. A memorandum observes that this is the price that must be paid to balance the Budget. The first essential is the reform of the national finances and the realisation of this fact has created an atmosphere of confidence. Although there has been a slackening of business, which, however, is not likely to become an economic crisis, the trade balance is favourable and unemployment is declining.
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Press, Volume LXIII, Issue 19142, 27 October 1927, Page 9
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95FRENCH BUDGET. Press, Volume LXIII, Issue 19142, 27 October 1927, Page 9
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