GERMAN FINANCE
CUT IN SALARIES
[United Press Association.—By Electru
Telegraph.—Copyright.]
(Received this dav at 9- a.m.) BERLIN, Sept. 30
If the Government's financial programme becomes law, the salaries of President Hindenburg, all members of the Cabinet, Reichstag and of Federal Diets will be reduced by onefifth, While - State officials and bankers will be cut six per cent, if their salaries exceed £75 isterling annually. The Budget is expected to show a deficit of thirty-seven to forty-five millions, hence the drastic economies. Income tax will Be increased.
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Hokitika Guardian, 1 October 1930, Page 6
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86GERMAN FINANCE Hokitika Guardian, 1 October 1930, Page 6
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