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THE ARMY AND NAVY.

THE .TRUE POSITION AS REMAB3XL THE ESTIMATES.

[I'BESS. ASSOCIATION.] (Received-March 17,10.85 p.m.) .LONDON, March 17.

.Mr McKenna said that the Esti- > mates represent the total expenditure Ifof the year, and moreover include .. £1^300,000 interest, on former loans. .They were paying their..way to the 'last shilling. ; Tie I - Navy \ ■ must be . supreme ias. long as the. Empire was to • endure. He would never advise the temporary expedient of a loan to meet permanent needs. It took two years ■to biiild a "Dreadnought." They ..would not need to begin the five "Orion" and "Lion" types before ; December, or January next. The cost of: the 'first eight "Dreadnoughts" would be the same.as the nine ''Kins ! Edwards," and' the maintenance would ■ cost. £501,000 a, year less; Tbje"Orions" • cost £1,900,000 each, an increase of £200,000 over the earlier "Dreadnoughts." The Estimates, compared • with Germany's £22,000,000, appeared to represent upwards of the twoPower standard, but £8,000,000 : represented -expenditure which in 'Germany.'»;ease was embodied in the i Civil Estimates. The true comparison, therefore, was: Great Britain £361000)000, and Germany • £22,000,----'OOO. A further £2,500,000 was de- • ductkbl© in respect of fleets main- , tamed in the ' Pacific and Atlantic, •.making Great Britain's total • £33,500)000.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MEX19110318.2.26.1

Bibliographic details

Marlborough Express, Volume XLV, Issue 66, 18 March 1911, Page 5

Word Count
199

THE ARMY AND NAVY. Marlborough Express, Volume XLV, Issue 66, 18 March 1911, Page 5

THE ARMY AND NAVY. Marlborough Express, Volume XLV, Issue 66, 18 March 1911, Page 5

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