Prague, Oct. 19.
Reports from Budapest on Hungary' 24-hour ultimatum to Czechlovak are discredited here, where all information points to an early resumption of negotiations between the two countries on the boundary question.
The Czechoslovak Government is hoping to improve the conditions agreed upon at Munich, and is chiefly concerned with saving the town of Kosice.
Broadcasting on the financial nation of Czechoslovakia, Dr. alfus, the Minister of Finance, stated yesterday that the loss of territory would cost the Republic 40 per cent, of its taxable capacity. It would not be possible, he declared, to reduce State expenditure to the same degree. Their task would be in: possible, therefore, if they did not receive some outside help, such as that promised by the British and French Governments.
Note circulation, Dr. Kalfus added, had sunk by 500,000,000 kronen in the first half of October—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.