BRITAIN AND GERMANY.
RUMOUR OF BIG NAVAL LOAN.
IN ADDITION :TO REVENUE.
DOCKS FOR DREADNOUGHTS.
By Telegraph.— Associa '.ion.—Copyright.
London, November 30. It is rumoured that Mr. Winston Churchill, First Lord of the Admiralty, is contemplating a loan of £30,000,000 for naval construction, in addition to the usual Estimates. ; ; ; The Pall Mall Gazette says that there is reason to believe that the loan will be more than £30,000,000.
Besides the shipbuilding vote, the loan will include a special allotment for Dreadnought docks. \.
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New Zealand Herald, Volume XLVIII, Issue 14853, 2 December 1911, Page 7
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82BRITAIN AND GERMANY. New Zealand Herald, Volume XLVIII, Issue 14853, 2 December 1911, Page 7
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