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The Franco-Belgian attitude presupposes the fifty billion gold mark offer from Germany. Great Britain will, it is known, surrender the major part of her claim against Germany. Thus France would net something between seven and eight billion dollars. With adequate guarantees for payment of this amount, it seems that...

Author: /time Magazine | Title: Foreign News: The Ruhr: May 12, 1923 | 5/12/1923 | See Source »

The main points in the budget are: a reduction from 5s to 4/6d in the pound on the income tax, a 50 percent reduction on corporation tax, a decrease in taxation on beer by 1d a pint, reduction of postal charges. No new taxation was introduced. The estimated revenue for...

Author: /time Magazine | Title: BRITISH EMPIRE: The Budget | 4/28/1923 | See Source »

Other facts in Mr. Baldwin's speech: Last year's surplus was $471,975,000 and had already been applied to a reduction of debt. The deadweight national debt at March 31,1922, was approximately $35,460,900,000; at March 31, 1923, it stood at the approximate...

Author: /time Magazine | Title: BRITISH EMPIRE: The Budget | 4/28/1923 | See Source »

Reduction of taxation which is apparent to the naked eye in England. (P. 9.) Rafael Sabatini's pro-pirate propaganda. (P. 14.)

Author: /time Magazine | Title: Point With Pride: Apr. 28, 1923 | 4/28/1923 | See Source »

At a school in Croydon (London), where teachers are striking against a 5% reduction in salary, the pupils declined to be taught by substitutes. The boys met one of these temporary masters in class with cries of" Blackleg!" When the master threatened to cane one boy, the whole class rushed...

Author: /time Magazine | Title: Education: Blackleg! | 4/28/1923 | See Source »

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