COST OF THE WAR
all items not yet known.
A cablegram published bn .'May 15 gave the total cost of the war in respect of various countries, stating at that time that New' Zealand's outlay was some 75|- million pounds- The Hon,. Arthuf Myers, Acting YliMster' of Finance, mad© some referenceftpire i» a statement to a Dominion reporter.
“The total of £75,750,000 is given as the figure to which our .war expenses account , will eventually . attain, reparked .Mr Myejs; d'and' in the estimate by the Atistraliah «dat;«ticiah is one on the moderate side. The actual' cost of -‘the war to. New Zealand to March 31 last was 62> millions. When to this is ladded quit expenditure on pensions, repatriation, discharged soldiers’ settlement, interest, etc-, the full cost ot the. part' wj©",took- -in 1&© struggle will ultimately surpass the figure of 75* million© referred to. Until, -.however, one has the Qgraplete figures on which to base estimates, it is impossible ■_ t© state accurately th© amount of the -Dominion’s total expenditure on war.
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Bibliographic details
Nelson Evening Mail, Volume LIII, Issue 124, 27 May 1919, Page 2
Word Count
171COST OF THE WAR Nelson Evening Mail, Volume LIII, Issue 124, 27 May 1919, Page 2
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