WHAT THE WAR COSTS FRANCE
STATEMENT BY THE FINANCE MINISTER By Telegraph—Press Association—Copyright ~ . Paris, February 1(3, • •4 i 1 ' l'inaiicu Minister, lias submitted to tlio Chamber of Deputies .promts for the second quarter, totalling (,618,000,000 francs (£302,000,000), of y.-iiicli 6,333,000,000 francs (£254,000,000) is for war expenditure. An explanatory statement compares tlio financial situations at the end of 1914 and 1915, and mentions that the thanks for the success of the war Joari is due to the people 'of the country for their readiness to deposit a largo part of their savings with the Treasury. , The Advances Account ol the Bank of Franco had only iucrcascd by 1,175,000,000 fraucs (£4.6,500,000). " . , Othor iigrircs given show that the '• country's financial reserves are far from 1 V'ing exhausted. " HUGE WAR BILLS OF BELLIGERENTS (Rec. February 18, 1 a.m.) London, February 17. Speaking in the House of Commons, •Mr. M'Kenna (Chancellor of Exchequer) ' said that the national-'debt roso from £708,000,000 in. 1914, to £2,200,000,000 in 1915-16. The Germans' gross war expenditure at the end of 1915 was £1,150,000,000, and the French war credits to March 31 totalled £1,541,000,000.
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Dominion, Volume 9, Issue 2698, 18 February 1916, Page 5
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183WHAT THE WAR COSTS FRANCE Dominion, Volume 9, Issue 2698, 18 February 1916, Page 5
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