THE BRITISH NAVY.
HUGE WORKS. BIQ LOAN EXPENDITURE. MR. CHURCHILL'S SCHEME. By TeleeT»ph—Press Association—Copyright London, November 30. It is rumoured that Mr. Winston Churchill, First Lord of tho Admiralty, is contemplating tho raising of a loan of thirty million pounds for Navy works. Loan expenditure will be in addition bo that provided for in tho usual Naval Estimates. The "Pall Mall Gazette" has reason to believe that the loan will be larger than tho amount stated. Besides shipbuilding, says the paper, thero will be a spccial allotment for docks capablo of taking in Dreadnoughts.
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Bibliographic details
Dominion, Volume 5, Issue 1301, 2 December 1911, Page 7
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94THE BRITISH NAVY. Dominion, Volume 5, Issue 1301, 2 December 1911, Page 7
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