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.
Permanent link to this item
MEN AND MONEY, Evening Star, Issue 15653, 18 November 1914
MEN AND MONEY Evening Star, Issue 15653, 18 November 1914
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.