Paris, July 1.
A bill designed to meet the deficit of five milliard francs has been submitted to the Chamber by the Budget Minister.
This bill provides for cuts in expenditure amounting to two and fnalf milliard francs and increased taxation which is expected to bring jin one and a half milliard francs.
The chief saving in expenditure is on the fighting services, the total jut in the Army, Navy' and Air Force expenditure amounting to one jand a half milliard francs, a 5 per cent. cut in Jexpenditure and by a modification
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