DISARMAMENT
BRITAIN NAVY REDUCTIONS [BRITISH OFFICIAL WIRELESS.] RUGBY, November 9. Sir H. Samuel, speaking on the forthcoming disarmament conference, said it would be necessary at that gathering to take into account the reductions in her forces which Britain has already made. He pointed out that whereas the expenditure on the Navy was 51 millions sterling in 1914, and the same figure in 1931, the value represented by that expenditure now was much less than before the war. He continued that careful calculation shows that the present strength would have cost only 31 millions in 1914, so there has been an actual reduction of 20 millions. That fact must be taken into account at the conference. There must be. equal justice between all parties.
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Greymouth Evening Star, 10 November 1931, Page 5
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123DISARMAMENT Greymouth Evening Star, 10 November 1931, Page 5
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