New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-22
TALY'S TROUBLED FINANCES.
AN ESTIMATED DEFICIT OF 10000 600 LIRE
AND LIKELY TO BE INCREASED.
THE BUDGET PRESENTED TO TIE CHAMBER OF
DEPUTIES REMEDIAL MEASURES AND NEW
TAXES PROPOSED-CRIsPI REPLIES
TO ATTACKS.


TO ATTACKS
Rome. Feb 2l-In the Chamber OF Deputies too
day Baron SOnnino Minister of Finance and al
interim Minister of the Treasury. made a state
ment of the financial condition Of the Treasury
ana the various Governmental departments. Pre-
facing his statement he declared that he was about
to reveal the absolute truth. Baron Sonnno
listened to with the closest attention.
He announced a deficit for the fiscal year Of
l5J 100000 lire which he said likely 10 be
sibly increased in coming years unless remedial
measures were Immediately applied. He then sub
mtted a number Of proposals. which consisted OF
new taxes and economies in the administration of
the various departments. When these economies
should be applied to the fullest extent he estimated
that a saving of 100000 lire a year would b.
realized. The economical measures which had been
operative during the last year had resulted in
saving 100000 lire OF which 6O000o0 I've mad been
reduced from the annual expenditure of the De-
partment Of War and 100000 from the marine
budget
Baron Sonnno explained his project Of issuing
inconvertble State notes and announced that the
Government would issue also 2o.cO0Co lire OF a new
nickel coin of the value OF % centimes A royal
decree increasing the import duty on wheat TO ~
francs was received by the Chamber with marked
approval but, owing to the laEge number OF new
hostile impression upon the Opposition Scarcely
had Sienor Sonnino seated himself when Signor I'm
briani rose and shouted: -
'Dimnish the civil list
10 grant extra powers to reduce the number ana
expense of the administrative SerVic'f and asked
the Chamber to appoint commission 10 consider
the proposal
Among the announcements Of new or increased
taxes made by Baron Sonnino are the following:
An Increase of the tax on land is proposed which
will make the tax one-tfth LARGER than II Is at
present This increase Is expected 10 yield liwtw"
lire The succession tax Will yield 4Cp0@ ana the
fax on the registration of deeds lopWO additional.
4 tax of . confines per kilOsramIne is imposed
upon salt from which 100000 lire Is to bc raised.
Three million lire Is expected to be realized from
tho Increased tax the sale of spirits and 1000
900 lire from the increased income tax. The a2gr"-
gate revenue from new taxation VIII he 'I"h""
lire.
In the Chamber Of Deputies TO-DAY Premier
| Crispi delivered stirring reply 10 the attack
made upon the Government yesterday by the Rad
Teal leader S.gnor Cavallotti. concerning the action
OF the Government in declaring state OF siege
in Sicily Signor Cr!spi declared that the Govern
ment would resort TO the most energetic measures
TO repress any revolutionary movement started by
persons or parties whose aim was TO weaken ltaly.
THE Government. he said had acted entirely within
| The law in declaring state OF sieg" IN Ma~Sa hl
Carrara without having been asked 10 do SO 10y me
\ people affected 10y the uprising. In taking this
| step he declared, the Government had not con
ceded ANYTHING to its adhercnts or its opponents.
! The remarks OF the Premier elected a storm OF
! Radical protests.