THE GERMAN NAVY.
a- I. FORECAST OF FURTHER INCREASE Rumours' that the Gorman Government is keeping both a new Navy and » new Army Bill in reserve till the political complexion of the new Reichstag is known ore continued in a remarkable lending article in tlie "Berliner Tagcblatt" on November DO. The journal predicts that tho Budget of IUI2 will allow for a deficit of .£2,500," 000, which compares very favourably with last year's shorlago of nearly five millions, which had to bo covered by loan. According to the "Tageblatt," howcvc-r, tlie stories of rising revenue aro unfounded, and the deficit can only be reduced by keeping the expenditure on armaments within tho limits of this year's Army quinquennial law and the present Navy law. which calls for the reduction of the building .Mogranmie in '1912 to ono battleship and one armoured cruiser. As soon os tile new Reichstag meet-s alter tho January elections, however, tho Government, in the opinion of U>b "Tageblatt," will present it with a now. Navy Bill, and possibly an Armv Bill at tlie same time, and tlie Journal advises tho taxiMiyer to reckon with a fresh outlay on tlie Navy and Army amounting to at least .C3,r>00.000 yearly. It is significant that tho "Tageblatt," which is a stout opixjnent of swollen armaments, is only anxious that the money should be raised by the taxation of .wealth and not by now indirect taxation.
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Dominion, Volume 5, Issue 1336, 13 January 1912, Page 12
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236THE GERMAN NAVY. Dominion, Volume 5, Issue 1336, 13 January 1912, Page 12
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