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COST OF WAR

BRITAIN’S STAGGERING BURDEN HUGE SUM FOR PENSIONS AND UNEMPLOYMENT DEBTS REPAID BY DOMINIONS BY TELEGBAPH.—PRESS ASSOCIATION. —COPYRIGHT. (Reo. March 11, 5.5 p.m.) London, March 10. Mr. Stanley Baldwin, Chancellor of the Exchcquery, in Parliamentary papers states that the United Kingdom’s’ total war pension expenditure from August, 19T4, to March 31, 1923, will amount io £470,000,000, with an estimated capital liability thereafter of £832,000,000. The votes for mandated territories from April, 1919, to March, 1923, totalled £150,000,000. Other expenditure resulting froin participation in the war included: Unemployment. £400,000,000 ; 6 housing, £225,000,000; liquidation pf railway canal agreements, £203,000,000; Ministries of Munition and Shipping, £36,500,000; bread subsidy, £lOO,000,000; coal mine deficiencies, £48,000,000; relief works loans, £33,000,000; occupation of Constantinople, £20,000,000. . Mr. Baldwin said that the Dominions during the current financial year to December 31 had repaid debts totalling '£1,189,985, including: Australian, £525,877 : New Zealand £141,169. Since the Armistice 400 British soldiers on the Rhine had married Ger-mans.—Aus.-N.Z. Cable Assn.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19230312.2.66

Bibliographic details

Dominion, Volume 16, Issue 149, 12 March 1923, Page 7

Word Count
159

COST OF WAR Dominion, Volume 16, Issue 149, 12 March 1923, Page 7

COST OF WAR Dominion, Volume 16, Issue 149, 12 March 1923, Page 7