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MEN AND MONEY

VOTED BY PARLIAMENT. LONDON, November 16. The House of Commons agreed to the vote of £225,000,000 and to an extra, million men. Mr Asquith stated that th* actual cost of the war was between £900.000 and £1.000.000 daily. The Prime Minister added that the daily cost of the war was not likely to bo diminished. The larger part of tho first £100,000,000 would be spent on military operations, loans to Allies, and disbursements for the purpose of securing British fc.-xl supplies, especially sugar and wheat. Tho cost would be recouped to tho Exchequer when the consumers paid. The greater part of the £225.000,000 would bo spent on the Armv and Navy, but £45.000.000 would go to loans, of which £30.250,000 would go to Canada, South Africa, Australia, and New Zealand, obviating the necessity of their coming t;> the London mfl-rket. A portion of the vote would be expended on commodities which it was necessary to exclude from the two of opponents.

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https://paperspast.natlib.govt.nz/newspapers/ESD19141118.2.16.2

Bibliographic details

MEN AND MONEY, Issue 15653, 18 November 1914

Word Count
164

MEN AND MONEY Issue 15653, 18 November 1914

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