THE BUDGET.
_, BOASTFUL SPEECH. $. ■.' ~ Amsterdam, March 17. Herr B>lfferich's speech on the Budget in the Reichstag did not contain any War items. December's credit Would'be ample for some time to come. ' The Budget had hitherto been equal to , alt demands. The object of the pro'.•ipged new taxes was to exclude all dan"get of England endeavsring to cover tf'Considerable portion of her war expenditure by taxation. Germany had a juste* conception of financial claims of the war apd will not follew in England's wake. ' Nevertheless there must be considerably increased Imperial revenue whatever hopes may be founded *#n an indemnity. But new taxes will *st be further extended. The subscription to the nfew, fourth loan will be of the greatest significance regarding the War. Germany had hitherto defied her tobies. Financially none even approached her achievements. Germany had successfully beaten England's loans. Germany : s*>enemieg, foreseeing.the success of the loan, were spreading maniacal tes about her financial situation. Gerlans know that victory belongs to them, and those at home will contribute to the aoldiera' victory.
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Taranaki Daily News, 20 March 1916, Page 5
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173THE BUDGET. Taranaki Daily News, 20 March 1916, Page 5
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