The Archive · 1929

GERMANY'S BUDGET DEFICIT

Finance Minister's Plans to Make Up Shortage Berlin, Jan, 18, An increase of ig taxes to help meet the deficit of 600 million: marks in the Reich ordinary budget for 1029 is foreshadowed Finance Minister, proposer from hee Rapid Growth of Canadian Output Leading to Over-supply Stockholm, Jan, 5.

The leading Swedish financial weekly "Affacrsvaeriden" publishes interesting figures on Sweden's chore in the world's produc-and paper. Of the ity of cellulose sold in the world market 40 per cent. comes. from Sweden, whereas Sweden produces 6 per cent. of all the news-point in the market, which at present amounts to about, 6,600,000 tons annually. Sw production of newsprint ed_at approximately 250,000 tons. The paper points out that there are signs of an over-production of not print, chiefly owing to the rapid inevease of the Canadian, output, which during the first eight months 1928 rose by 15.5 per cent., while the Canadian export of newsprint ineressed by 1 Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

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