AID TO STATE
CALL IN FRANCE SACRIFICES DEMANDED INSTRUMENTS OF WEALTH FORFEITING LUXURIES DEFENCE OF NATION (Eli'c. Tel. Copyright—United Press Assn.) (Reed. Dec. 30, 9 a.m.) PARIS, Dec. 29. The French Minister of Finance, M. Reynaud, in outlining before the Senate, the extraordinary financial sacrifices demanded of Frenchmen, said: “The State has thrown itself upon tiie wealth of individuals and seized not only wealth but the instruments for creating wealth.
“All future increases in civil expenditure must be demanded of me
taxpayer and all the increases in military expenditure of loans. This ruling will cortrol our budgetary policy throughout the war
“The duty of citizens is to save still more, subscribe still more, economise and give their savings to the State, and forfeit daily luxuries in order to make France stronger. The buying power of citizens must be reduced. “A suppression of buying will not dry up production, because wartime production is different from that of peacetime ”
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https://paperspast.natlib.govt.nz/newspapers/GISH19391230.2.51
Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20133, 30 December 1939, Page 5
Word Count
157AID TO STATE Gisborne Herald, Volume LXVI, Issue 20133, 30 December 1939, Page 5
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