U.S. CONGRESS

Nelson Evening Mail, Volume LXI, 6 December 1927, Page 2

U.S. CONGRESS

PRESIDENT’S BUDGET

MONEY FOB DEFENCE (By Electric Telegraph—Copyright) WASHINGTON, sth December. President' jCoolidge, in delivering his Budget message to Congress, stated i that 625,000,000 dollars will be availablel for expenditure for defence purposes. The present estimates carry 48,000,000 dollars for an increase of the “navy, pro-1 viding for all projects authorised by Congress excepting three submarines and 12 destroyers authorised in 1916, for which there were no funds at present. The navy craft under construction in 1929 will comprise two submarines and eight cruisers, of widen two will bo practically completed in 1929, and ample funds would be provided for the modernisation of the battleships Nevada and Oklahoma, and the necessary funds would ho provided to continue the fiveyear programme. It was expected by nearly the end of the coming fiscal year to have 696 planes of the scheduled 10C0. Additional funds to those already appropriated are also recommended for dirigibles. Estimates for the army air corps provide for the continuance of the five year programme based on 1800 planes at the end of five years.