Growing Pains

Growing pains are a healthy feeling. Even nations suffer from them. At present, Hungary is experiencing them in the regions of her financial anatomy.

The gist of communiques issued by the Royal Hungarian Government was to the effect that revenues from the tax on commodities exceeded the expectations of the League of Nations (now administering Hungary's finances)* by nearly 50 per cent for the first six months and by almost 30 per cent for the second six months of the year.

*The League began to control Hungarian finances the first of this year. Jeremiah Smith Jr., of Boston, accepted the position of League Commissioner General in March (TIME, Apr. 14).