TALKING IN MILLIONS.
AMERICA’S DEFENCES. (Received This Day, 1.5 p.m.) NEW YORK, August 11. A message Irom Swampscott stales the big guns of the Army and Navy are trained on part of President Coolidge’s economy programme. Budget Director Lord favours cutting for 1926 approximately fifty million dollars from the 1925 military appropriations, totalling 571 million dollars. This is agreeable to President Coolidge, though General Pershing and other high officers are opposed to it on the grounds of national safety. President Coolidge favours unstinted appropriations for aviation services in the Army and Navy. He believes in the development of the air forces. Aviation expenditure which in 1925 were nineteen million 'dollars, will probably reach twenty-five million dollars in 1926.
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Horowhenua Chronicle, 12 August 1925, Page 3
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118TALKING IN MILLIONS. Horowhenua Chronicle, 12 August 1925, Page 3
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