New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-03-18
Says Killing of Prince Fer
dinand Was Seized Upon
as Gift from God"
ALL BUT SOCIALISTS
LEAVE THE CHAMBER
Increased Revenues by Taxation
Necessary, Says Treas
ury Head.

London. March There were tur-
bulent scenes during yesterdays sit
ting OF the Reichstag. says q Copen-
hagen dispatch TO the Exchange Tele-
graph Company. Excitement was
caused By a speech made by DR.. Kari
Liebknecht. the Socialist. who is quoted
as having said that the assassination
Of Crown Prince Franz Ferdinand, Of
Austria. at Sarajevo. was clutched at
in many circles in Germany as "a gift
from God"
The President OF the Chamber thrice
called Or. Liebnecht to order. the disc
patch says. and the sitting was closed
prematurely with the retirement Of all
the members except the Socialists.
Berlin. March II by wireless 20 Say
Vile. y. Yl.-Dr Karl Helferich. Sec
rotary OF the Imperial Treasury. in
troduced in the Reichstag yesterday the
budget proposals and bills FOR new war
mes. DR.. Helferich insisted upon the
necessity Of rgid economy in framing
the budget. saying: I'VE shall put on
the brakes wherever we can
Or. Helferich said It was essential
to make adequate provisions for war
requirements IN the way OF loans.
This is not red tape" he said. at
Is nothing but duty and foresight for
coming day
The Secretary pointed out that an
increase In revenue by taxation was
necessary. altnoggn. ne said. every
German expected peace would bring
financial advantages. After stating
that war expenses were not included IN
the budget. he referred 20 the fact that
the influence Of the war was noticeable
I'm the increase Of interest on the pub
lie debt. which was l 26s,OOO.OOO MARKS
a-t YEAR. and j. now 2.3O3.OOo.OOV
marks lie said the budget showed
deficit of 4s0OOO.000 marks. which vas
20 be- covered by new taxes.
Replies TO His Critics.
DR. Helferich took exception 70
statements 20 the effect tnat he nad
said no new taxes were contemplated
during the war. As a matter Of fact
be had said that new taxes should. be
avoided as long a. the regular Budget
together with requirements for proyld-
ing for the public debt. balanced win
out them The Secretary also replied
20 criticisms that he had shown lack
OF originality in deyising the new taxes,
decleriug he cared more Tor money thar
for originality.
Wants Legislation Rushed.
Dr. HelHerich urged the Reichstsg 70
expedite financial legislation. saying
the new taxes would provide 10000 600
marks each week for carrying on the
The Secreatry compared the imam
cial resources OF Germany, as exhibited
during the war. with those Of her enc
mics. He said France. up 70 the pres
s-t. had not raised even lO,OOOOOV.OoV
marks In war loans, and that England
had raised between s.000.0O0.OOQ and
10. 900 600 900 marks. Of which l5,Oou.'
0O0 600 was in the form OF short term
floating debt Germany. he said, had
raised $4,000. 900 900 marks. and Gil the
loans had been consolidated. Al the
eame time the cost OF the war IN Jan
uary and February fell below 2.ooo,-
100000 marks.
Germany enemies, Dr. Helferich
asserted. are carrying on campaign
of defamation. WEIGH extends even into
this country. where paid agents spread
rumors for the purpose Of impairlng
the success Of war loans
The Secretary reminded the Reichs-
tag Of the battle now in progress at
Nerdun. saying:
"Our troops have the right TO expect
tina, we az home prove worthy OF
them. and also that every one shall
contribute a. he is able IN the effort
% bring about victory and peace