FRENCH CRISIS

Hokitika Guardian, 8 April 1925, Page 3

FRENCH CRISIS

AUSTRALIAN ANI) N.Z. CABLE ASSOCIATION

FRENCH FINANCE. PARIS, April 7.

The Chamber deferred the Finance Hill, debate ut Domonzies reiiuest, till to-morrow. In view of the anxiety oi public opinion, Oemonzio announced that interest on the new perpetual rents was issuable to subscribers of voluntary ten per cent, capital tax, and was fixed at three per cent. The issue would be at par. All who were liable to income tax, with the exception of wagj earners, who did not subscribe a tenth part of their capital would be exceptionally taxed on the amount of their default. The subscribtioil would be payable quarterly for five years. Denion/.ie summed up the measure as the maximum option and minimum constraint bill. Socialists are submitting to the Committee a counter project, but this is simply a party demonstration. Socialists are expected to vote for Demonzie’s bill. REPARATIOX PAV.M ENTS. PARIS, April 7. A summary of the reparations payments presented by the Agent-General of Reparations until .‘slst March, shows the payment to the Allies account oi 555 million gold marks, of which Britain received 128 million, France 23d million, Belgium 57 million, Italy 41 million, (Japan 2J million..