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GERMAN ARMY.

THE BURDEN OF FINANCE, i , SCOPE OF NEW TAXES. My Tclecr&Dli—Frew AssoolatSon-OoDrrleht (Rec, March 30, 5.5 : 11.111,) , : Berlin, March 29. ' Tho pftamblo of the Anuy Bill statc?(/ that owing to tho Balkan war tho ratio ctf pcwcr. in Europe has shifted. It is p.oiiyt;ed out that,tho strength of tho army ]ja.s not kept pace with tho growth, of population, and it is added that ltnivereal. service is tho trustiest foundation fof Germany's strength. Tho permanent recurring flxpondituro nmounts to 190 million, marks (almost .£9,500,000) yearly, and aO tho sources of taxation open to the Imperial Government do not suffice for- tho burdens it considerable portion must bo shifted to the Federal States. The Anny Bill provides for a noil-recurring expenditure of ,£52,500,000, and tho War Chest is increased from >£6,000,000 to .£18,000,000, A levy is proposed of one-half per cent on all property above .£SOO, and of two poi; cent, on incomes, abovo <£2500. Tho extra annual expenditure tff .£9,500,000 will be met by increasing t,he matricular contributions by 141 d. ipor capita above the present Bd. Joint stock nnd limited companies will be assessed after their liabilities have been deducted. It. is also proposed to issiVe notes forf five and ten shillings. ' ~,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19130331.2.42

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 6, Issue 1711, 31 March 1913, Page 5

Word count
Tapeke kupu
205

GERMAN ARMY. Dominion, Volume 6, Issue 1711, 31 March 1913, Page 5

GERMAN ARMY. Dominion, Volume 6, Issue 1711, 31 March 1913, Page 5

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