NAVAL EXENDITURE
(latest cables
CAUSE OF EXCESS
[PHH P8.E93 ASSOCIATION —COPrKIGHT.]
LONDON, January 26.
The "Chronicle'!-attributes the excess of naval expenditure to the unexpected acceleration of the battleships in private yards owing' to merchant shipbuilding orders falling off. It adds that one heavy item was extra repairs, and another was due to the altered design of several ships. Innovations in oil fuel involved large expenditure.
Some members of the Government be lieve that after 1914 the expenditure will tend to decline.
It quotes Mr Winston Qhurchill on March 26th last, asking that the programme based on the probable maximum the contractors were able to earn, but warning of the possibility of supplementary estimates. The cruiser Invincible's gun control is being converted from electrical to hydraulic at a cost of 1-114.000. It is understood that the naval estimates total £53,000,000.
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Greymouth Evening Star, 27 January 1914, Page 6
Word Count
139NAVAL EXENDITURE Greymouth Evening Star, 27 January 1914, Page 6
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