Paris, Apr. 7
The Finance Minister, M. De-menic, to-day announced that the terest on the new. perpetual Rentes issuable to subscribers to the voluuntary 10 per cent. capital tax was fixed at 3 per cent. The issue would bbe at par and would not be exempt from taxation, All liable to incom tax, with the exception of wage-earners, who did mot subscribe tenth part of their capital would be subject to an exceptional tax fon the amount of their defoul The subscription would be payable [quarterly for five years.
'M. Demonzie summed up the measure'as the maximum of option and the minimum of constraint, The Bill embodying the proposals, when tabled in the Chamber to-da immediately will be referred to the Finance Committee hence it will Thursday The Socialists are submitting tw the Committee 4 counter-project, providing for a 10 per cent. capit Hevy, but this is simply a party'
istration. The Socialists a ceted to vote for M.. Demonzie's Bill, Later.
The Chamber has referred _M.
Demonzie's Finance Bill to its Pi ance Committee for report. lis agreed to M. Demonzie's request to debate the measure to-morrow, Min view of the anxiety of public manipulating various items weekly balance sheet of th Banque Jde France, which must be terminate fed. The Banque hax demanded th the position between itself and the Treasury shall legally rescalarized.
The considers the the Himit to be ausable tu the intexeity the and to. the healt the country's Apr. 8
The Finance Committee of the Chamber to-day held a lone diseussion on the Finance Bill, in the pr sence of M. Dem gested that the articles of the Bi providing for the issue of Fre, 4,000,000.000 hank should be treated ax a sep jand adopted immediately, whilst remainder ut the measure provide 1 forced capital Loan should be farther considered.
M. Herriot refused to _xeparate two portions of the Bill and said that he would stake the exist fence of the Cabinet on the issue.
The Committee ruse in the early heures of the morning, when i comuniviqné was lusted, stating votes ested et study the aod entirely the improvement of the financial Situation. Therefor ved the Fiiht, whilst consid re mainder of the Bill, to examine any possible cot als.
The Committee will meet again Ape 8.
"The Chamber of Deputies was un-abie ta debate the financial" pru-Porals to-day, as the Fisance Com: Uinitece is ati considering' them Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.