HUNGARY: Growing Prosperity

When Jeremiah Smith, Jr., League of Nations Commissioner General in Hungary and possibly one of Boston's most distinguished citizens, appeared last week before the Council of the League (see Page 8), he had a fine tale to tell of Hungary).

It is necessary to say, before giving the substance of Air. Smith's story, that League control of Hungarian finances began for all effective purposes on May 1, 1924. At that time, a deficit of 99,930,500 gold crowns ($19,986,100) was anticipated in the 1924-25 budget (July to June inclusive) and a sum of 100,000,000...

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