HOW BRITAIN'S MONEY IS SPENT.
i, By way of illustration of the reply i which has been made to critics who have , denounced the present national expendii ture as a form of extravagance, Sir . Godfrey Collins, says the "Daily Chronicle," has prepared a table, which, tak- . ing the total expenditure of the nation I as £100, shows that the following are the constituent parts: — ! National debt interest 24J Debt repayment i< > War pensions •' •> f »:::::::::::/."....::::::::::: c ' Air li Education • * Old age pensions, health and unemployment insurance 3 ': Post office ■ 4 x Customs, excise, inland revenue, ■ roads, local taxation, etc 2 i Supplementary estimates 14 Other ClvU Sen-ices o :| TRANSITORY SERVICES. Subsidies (bread, railways, and coal) V 1 Housing subsidy l \llies and Dominion loans -i Munitions Ministry - 3 ! Shipping Ministry ■ • ■■•••■ 1 5 Land settlement, demobilisation. and training *i » Total 10 ° j I This ehowe the» position at a glance. J
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Auckland Star, Volume LI, Issue 242, 9 October 1920, Page 17
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149HOW BRITAIN'S MONEY IS SPENT. Auckland Star, Volume LI, Issue 242, 9 October 1920, Page 17
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