The Hague, Sept. 16.
The M ance, in submitting his Budget statement to the Second Chamber, said that he esti-muted that the deficit for 1925 would be 20 million florins, which would be wiped out by passage of bills increasing the Customs tariff and tobacco Excise. The Government's programme included a reduction of expenditure in order to allow the lowering of certain taxes considered to be too high for the development national prosperity. Better tribution of burdens between direct and indirect taxation was also contemplated, which would involve the introduction of a Luxury Tax and: the reduction of certain direct taxes adjudged as being excessive—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.