TO MEET DEFICIT
FR ANCE’S HEROIC MEASURES
(United Press Association—By Electric Telegraph—Copyright.)
PAR,IS, July 1
France is taking heroic measures to meet her deficit. Th-e Treasury must find £81,000,000. The Government proposals provide for a reduction of expenditure by .thirty-one millions, and increased taxation by £19,000,090. The Army,9 Navy and. Air Force expenditure will also- be reduced by a -similar figure to £19,C00,(T0. The Civil Servicle will have ft salary cut of five per cent; pensions will he modified und Pa-rlianiontai-y salar'e-s reduced,
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Hokitika Guardian, 4 July 1932, Page 5
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83TO MEET DEFICIT Hokitika Guardian, 4 July 1932, Page 5
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