COST OF DEFENCE
FIVE-YEAR PERIOD
"MUST BE DONE"
OFFICiAL STATEMENT
: (British Official Wireless.) (Received February 17, 11 a.m.) RUGBY, February 16. A statement relating to defence expenditure, issued tonight as a White Paper, recalls that it is not practicable to state the total cost of the programme to be spread over a period of years and subject to modifications as conditions change, but states that it is now possible to give an indication of the order of magnitude of the expenditure which must be contemplated. It is probable that the level of expenditure over the next two or three years will be very much heavier than in the current year. . It is not at present possible to determine what will be the peak year of the defence expenditure. Taking the programme as it stands today, however, it would be imprudent to contemplate a total expenditure on defence during the next five years of much less thaa £1,500,000,000.,. • On this estimate the statement says: "Deeply as it deplores the necessity for this vast expenditure on armaments and other defensive measures his Majesty's Government is convinced that it must be undertaken."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19370217.2.103.1
Bibliographic details
Evening Post, Volume CXXIII, Issue 40, 17 February 1937, Page 11
Word Count
189COST OF DEFENCE Evening Post, Volume CXXIII, Issue 40, 17 February 1937, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in