Improving Finances

Jeremiah Smith Jr., of Boston, League of Nations Commissioner General in Hungary, in a recent report to Geneva said that Hungary will, according to estimates, have a budgetary surplus of $5,500,000 on June 30, 1926, instead of an estimated deficit of $10,000, 000. (This year's budget showed a surplus--not yet determined--instead of an expected deficit of $20,000,000.)