Government Scale Strennously Fought: 20 per Cent Increase to Catch Profiteers Paris, Feb. 15. portional representation, which was the feature of the Bi as it was passed by the Chamber of Deputies on December 6, and demand a return to the old majority system, but it is anticipated th: many will abstain from voting in order not to overthrow the. Go ernment on a question which is not regarded as of national In the Chamber of Deputies to-Tt is noteworthy that Customs day the Minister of Finance, Jdues on goods imported from defending the proposal for a 20 fabrond are exempted from the per cent. increase in all taxes, 20 per cent. inerense in taxation. stated that the 1923 ordinary: ye Increase In Taxatios Budget wag balanced with Later. bonus of Fr. 540,000,000, and the Budget would also be balance The taxation proposals adopted ed in 1924, lby the Chamber of were "We have-to face only the sums Jembodied in Clause 3, which has due by Germany and unpaid." been hotly debated for nearly 2 The Ruhr in 1023 brought in a month. The Chamber thereatter net profit of Frs, 606,000,000, rhe got more rapidly to work on the Government had reduced Nation remaining 110 clauses of the Government's Financial Mensures al Defence Bonds by Frs, 2,000,- Bin, ing this 000,000 francs "since 1931. would repress evasion of capital, details of the increases in duties. carry out the maximum econo mies and niake the war profiteers pay. The' 20 per cent, " increase Paris, Feb. 20. was' only.a transient surcharge The Chamber of Deputies toand would principally develop 360 votea to 219 rejcefed the yield of the generat income Socialist. amendment cancelling Article 36 of the Government The Minister pointed out that al proposals, which pro: German propaganda was striving vides for the disposal -of "the to frighten foreign holders of State match monopoly,—Reuter, francs, Feb, 16 The Fall of the Frane Afton 18 days of keen debating, {he Gormmnmect has meonaded 18 Paris, ¢2b. 18. forcing the passage throu, Travellers arriving at Isuwogne Chamber of two" of the 110 to-day received 100 francs for a articles comprising the new Bnanpound sterling, © new record.—cial charter, A string of amend-ound sterling, now record. ments to Clause 3, which inorenses taxation by 20 per cent., ranging Later. from complete the The Bourse clu Commerce. of Government policy, like flotation Paris has been closed sine die by of a lottery loan and the institu. a decree of the Prefect of Po tion of a capital levy, to minor on the ground that quotation: modifications, were all defeated sulting from the exchange. crisis by varying majorities, many of would be calculated to lead to which wore clos abnormal ineroaso in' prices. Reuter, Members of the Left criticized drastic taxation, while the Gov-London, Feb. 18. ernment was making loans. to French Rentes were flat and Enstorn and European States. touched low records to-day, four Tardieu and his supporters per cents being quoted at V7-1/4 contend that it would ho useless and five per cents at 21-1/8, to improve the franc. abroad at coupon, under the influence of} the! expense of the domestic cost the collapse of the exchange to of living.
103,10 francs to, #.—Reuter, Arbitration Clause Resented, London, Feb. 1 The French franc to-day fell to -Bub, tho most solid opposition 105 "to Bi and Belgian is based on the er the Clausq frano to 125.—Reute copters on: the Goveromentt to is-decrees enforcing administrative cconomias without reference Parliament. " With the. object
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