According to a despatch from Paris, France has just ended a year of extraordinary industrial and commercial prosperity. Owing, however, to the nonpayment by Germany of her debts, the national finances are in worse shape than they have ever been in the history of the Third Republic.
Internal debt, 1922 .... 250,000,000,000 francs New loans issued, 1923.. 19,000,000,000 francs
Total debt, 1923 269,000,000,000 francs
Foreign debt, 1922 95,000,000,000 francs
No loans issued.
Exchange depreciation.. 31,000,000,000 francs
Total foreign debt .... 126,000,000,000 francs Total National debt.... 395,000,000,000 francs
Budget. According to the report adopted...