The Archive · 1924

Decline of Frane

Paris, Jan. 15.

A meeting' of the Cabinet, pro-sided over by President Millerand, to-day decided to submit to the Chamber on Thursday Bills to improve the financial situation, to balance the Budget, and solve the exchange crisis by sup Pressing tax evasion, effecting Economies in public services, postponing all further expenditure and "increasing li taxes) from fay The Chamber will be asked vote on the Bills immediately and make their passage a question of The Government will take im: modiste measures "to prevent speculation in regard to the ratio and Government securities.

Expenditure which has hitherto as recoverable would be henceforth covered by correspond: ing revemu:

is anticipated that the increase of all taxes by 20 per cent. would yield Fre. 8,000,000,000 and the other measures Fre.

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

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