"Berlin, Sune 27.
Alttiough the details of the financial bill with which the Gabinet has decided to meet the current financial year's budget Ueficit have not yet been officially revealed, [Press reports that the new Minister of Finance, Dr. Dietrich, will adhere to his predecessor Dr. Moldenhauer's scheme of a special levy on the salaries of all civil servanti and {pensions above 2,000 marks annum ally, as well as on privately paid Jsalaries above 8,400 marks annually, proposal which, while finding little favour with the parties of the Right, is supported by the organs of the Left which declare that the security of their lifetime positions fought to induce officials to make such a sacrifice with good grace, Dr. Dietrich will, it is further! reported, also stand by Dr. Mfoldenauer's demand for a special bachelor tax for both sexes, an infereased contribution to the unemployment fund which, on account Jof the steady increase of the number of unemployed, has practically become bankrupt, and a number of other taxes all of which will probably evoke a storm of protest and indignation when the bill is submitted to the Federal Council tomorrow, Saturday, and published The Cabinet is however determined to force all these measures through and, if the Reichstag fails to sanction them, to dissolve it and to invoke paragraph 48 of the com tution whereunder the Reichs-president "may confer upon the Cabinet extraordinary powers to promulgate bills administrative) This was clearly foreshadowed in a speech, made to-day before the Reichstag by the Minister of Labour, Herr Stogerwald, who added that before Jong even more drastic measures might become necessary jin onder to rehabilitate the Reich's finances since revenues are dropping steadily and without any prospect for an early improvement of the financial and economic situation, Proposals Submitted "June 28
Chancellor "Bruening, after offcially introducing his new Minister of Finance, Dr. Dietrich, personally submitted his Cabinet's new financial Programme which contains some modifications of the former sche 8 proposed by Dr. Moldenhauer, who resigned when the Reichscouneil rejected his programme even before it reached the Reichstag. Special emphasis has been laid on a far-reaching curtailment of general expenditure as demanded by the Parties of the centre and the Left, while a throughgoing reform of the present system of unemployment insurance and of the payment of doles will, it is expected, greatly reduce the amount of contributions from the Treasury.
The document containing the new Minister's reform proposals is rather voluminous. Tt will now be submiteed to the budget committee for detailed investigation, but it is hoped that on this basis an agreement w be reached amongst the pai preterited in the Cabinet with a fair prospect of it getting a majority in the Reichstag, inasmuch as the Reichspresident is said to be unwilling to make use of paragraph 48 of the constitution, giving the Cabinet extraordinary powers with the temporary exclusion of parliament—Trans-Ocean Kuo Min.
Text read from the printed page and cleaned; old type leaves the occasional error.