Before Senate and Chamber of Deputies was laid by Finance Minister Clementel the national balance sheet of France. With the exception of countries which have declared themselves bankrupt, this is perhaps the first time that a Nation has voluntarily struck a balance sheet.
The balance sheet showed the state of France as at July 31 last year. Assets, which did not include unconvertible property, were listed as follows in round figures: ASSETS FRANCS
Taxes 596,000,000,000
Railways 70,000,000,000
Sarre Mines 1,400,000,000
Public Buildings, etc 10,650,000,000
Forests 5,300,000,000
Experts' Plan Income 100,300,000,000
Actual Total 796,830,000,000
Liabilities, which did not include some 120,000,000,000 francs* owing to the U. S. and Britain, were...
