Austrian Parliament has finished the discussion of the Budget, which will come before the National Council after the holidays. The deficit is 2,660 milliards of paper kronen, or 300 milliards more than was contemplated in the draft made for the Finance Commitiee of the League of Nations. The increase in the deficit is due to the heavy fall in the consumption of necessaries, caused by the sharp rise in the cost of Tiving, which in turn is turn is largely due to the extremely heavy taxation, including the new "turnover" tax levied on every deal done in Austria, and to the cudden rise in railway fares, freights, and postal fees.
The revenue of the Austrian Federal Railways for March is 76 milliard kronen Less than anticipated. The income from passenger traffic was riy 29 milliard kronen instead of 40 milliards anticipated, aod po freights only 93 instead of 160 milliards. The fall in the revenue from passenger traffic is attributed to the impoverishment of the population, which is unable to afford te pay fares equalling pre-war i rates, the decrease in freight revenue is due to the industrial stagnation caused by high prices,
Text read from the printed page and cleaned; old type leaves the occasional error.