THE CHINA MAIL, APRIL 17, 1941
NAZI CONTROL FORCES ENORMOUS INFLATION SKY ARMY UPON FRANCE
OF ALL ACES
BY A SPECIAL CORRESPONDENT}
drawn
AN ANALYSIS of the latest official re- turns of the Bank of France, made by the newspaper "Frankfurter Zeitung," throws light on the progressive inflation in France and the reasons for this worsening of the economic situation.
Men
from all branches of the Army make up Britain's par-
On the side of assets - from March, 1940, achute troops. The county when the figure for advances to the Govern- regiments. the Tank ment was 30 milliard francs, there was an in- Corps and the Pioneer
crease to 46 milliards in June and to 146 Corps are all represented milliards in December.
Of the last sum
They received IntensÃO pre-
paration for the job During the occupation costs amounted to 72 milliards.
first months they did not go up in a plane they were given lecture after lecture or every detail of the required strategy
On the side of liabilities -note circulation rose over the same per- od from 156 milliards to 171 mil- liards in June and 218 milliards In December there Then came the physical train. in December. ing.
after Week
weck they was also a debt to the Reichskre- marched in full kit. They pracditkasse of 41 milliards. tised swimming In They did rock-climbing.
uniform.
Total French
of
monelary circulation March last
sume 140 milliards rose by francs, Le. by over 80 per cent.
Occupation Cost
About two-thirds of this infla- due to German-levied circulation.tion was nonetary notes, occupation. mark costs of occupation and one third and notes and coins, rose in December to Government expenditure
288 milliards. (Gold assets The failure normal revenue since throughout the period are given as the collapse of France. eunstant at 85 mulliards),
At this stage many were weed-to ed out because they did not come up to the necessary standard of endurance.
Only the very finest.
mental
Since then, it is pointed out London, the note circulation must have increased so that by
mid-
ly and physically, would do for March the inonetary circulation
must have risen to 310 mdhards
this new Army.
There have bees thousands of volunteers.
Special Badge
You will be able to recoghr Bitam's paratroop: whenever you; Te them
They will be wearing a special; badge
It shows on the PME
white parachute with blue wing
milar to those of the RAF
on either sade
Last night I met the man who 1ught the parktrompa who jump- ed my italy He made his first para-
ago
aleased by The Bell Byħdicate, Tau)
Young fove is just a rosy dream until old man finance sticks his nose in-then it be. gina to be one long night.
mare.
"ONLY RED TAPE CAN BEAT US"
For the second quarter of 1941 The Vichy Government's proposed ordinary budget has been reduced to 22 732 million franes and great play is made of the fact that this was scaled down by 11⁄2 milliards The amount payable to the Ger- mans for this quarter as cost of the occupation is 38,400 million that
Since advances. in respect areupation cost; have risen to over 90 milliards. the con luish to be drawn is that in 12 month to mid-franes
RECALL
TO JOB
AT 91
1
Red tap
WAVE
Many
reuld
the white
the only thing make Brita flag. said 71. MP for East
Thus the budget for all Praner. Alfred Edwards.
only 250 milions a day com- | Madlesbrough, speaking at Ball. pared with 400 millions a day asinghain-on-Tees cest of the occupation
German Tactics
He urged that "red tape" should be em out
"This Our country's gravest Thus, esuming there are 1.000.- | hom,” he said. "Don't let it be German troops in France, said we strangled ourselves with Vichy has to pay out 400 Francs Ted tape.