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UNITED STATES' WAR BILL

ESTIMATE OF FIRST YEAR'S EXPENDITURE.

TWO THQUSAND N MILLIONS STERLING.

(Received May 23, 9.5 a.m.)

WASHINGTON, May 22

Mr W. G. McAdoo (Secretary of the Treasury) states that he expects the United States to spend in the first year of war £2,000,000,000. Contracts for the construction' of 38 new submarines within twelve months have been let to corporations. §

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HNS19170523.2.19.1

Bibliographic details

Hawera & Normanby Star, Volume LXXII, Issue LXXII, 23 May 1917, Page 5

Word Count
62

UNITED STATES' WAR BILL Hawera & Normanby Star, Volume LXXII, Issue LXXII, 23 May 1917, Page 5

UNITED STATES' WAR BILL Hawera & Normanby Star, Volume LXXII, Issue LXXII, 23 May 1917, Page 5