THE FRENCH BUDGET.
A* BIG DEFICIT
RECONSTRUCTION DIFFICULTIES. Received 8.55 a.m. • PARIS, Nov. 15. The Budget Commission vf the Chamber reports a deficit of 2,870,000,000 francs, and says: “We must borrow, as the Germans have failed to pay, and the Allies have thus far left us to' restore our mines and factories, which the enemy sacked in a resolve to destroy industrial France. We must effect reconstruction as far as 1 our resources in labour and materials will permit, as a great number in the devastated regions must pass a second or third, winter in huts in which British and American workmen would not consent to live for,a week.” The Commission is making a laborious effort to reduce expenditure.
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Bibliographic details
Taihape Daily Times, Volume XII, Issue 3629, 16 November 1920, Page 5
Word Count
119THE FRENCH BUDGET. Taihape Daily Times, Volume XII, Issue 3629, 16 November 1920, Page 5
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