Show I I i I I I j i FRANCE FACES ACES PROBLEM OF HUGE BUDGETS Minister of Finance Calls for Financial Society of Nations Paris March 13 LouIs Louls Louis Klotz ilot the minister r of finance egan his hilS o o elly a speech in tho the chamber of ot deputies lOlla today on un the financial situation situa tion lion b. b by ly denying that ho had made mado the tho statement that Franco France ha had lI become como richer since the war From the fiscal point or of view there had been more mure re resources resources re- re sources created the minister conceded but it would be absurd to sa say that any an countr country CoUntr with departments In such Rueh a condition as tho Invaded departments of ot France had become richer ricer The yearly earl budget M M. Klotz announced an announced nn- nn would be three or four tour times greater than before tho the war tho the deficit def deC being I francs Sums Spent M. M Klotz lotz gave some st striking figures I on un war expenditures no lie saw saiu tHat inai I more than francs was spent pent sPent for artillery and I francs for fOl the tho pa pay of or troops The total expenditures of ot the ministry of ot war were francs while thena the tho na navy department spent only francs Cranes According to M. M Klotz it would bej lieI be lie j el relatively caf easy to meet the I franc OUO-franc deficit of oC 1919 by an increase In In Indirect taxes an Income tax reI re receipts re- re from the liquidation of oC war wal I stocks and anil a n revision ro of oC the law governing gov gov- o- o eining tho the transportation of oC troops over or Frone 11 railroads lI by char charging ln the allies for transport transportation as ti-fe ti French are arc charged c Tho The railroad i deficit the minister sal said would bo be I francs Chiefs Chief Indemnity tire Figure Concerning tho the tax On capital proposition proposition prop prop- M. M KlotZ Klot sdi tho the French cap cap- taxpayer would not be bc called I on to pa pay one cent of additional taxes until Germanys Germany's Indemnity figures to Franco France were settled upon upon- and guar guar- But even cn should Germany pa pay completely for damages and the restoration restoration restoration res res- of oC tho the devastated do provinces M. M Klotz said this would not noL balance future budgets after alter 1919 1019 Tho The tax on capital tho the minister asserted was destined to reach roach war profiteers M. M r. r Klotz did cUel not heed numerous Interruptions Interruptions In Interruptions In- In from front all sides of the Chamber asking him hint to name the amount which would woul bo ho o deman demanded e erom front from rom German Germany Radical Turmoil Victor radical socialist r rc- rc some excitement b. b by shouting Long live JIve Caillaux 11 x referring to former for for- mer iner Premier Joseph Caillaux who i is under arrest charged with having ha had dealings s with tho the enem enemy Tho The chambel chamber cham chain ber bel was filled with officers and sol sol- WhO loudly hIssed One officer shook his hs fist at nt the deputy anti and shouted a a. challenge to a duel uel M. M r. r during his address mentioned mentioned mentioned men men- a future financial society of ot nations nations nations na na- na- na the plans for which have hao been lIeen discussed and w ll be bo given en out shortly short short- ly Jy as ris the only means for France to balanco balance future b budgets Ho lie also spoke of ot a additional Illonal taxes after atter Germanys Germany's war Indemnity had been Leen deducted from the present French debt |