NAVAL BURDENS.
OIL RESERVES INCREASED.
SPEEDING UP BATTLESHIPS.
£1,000,000 FOR CONTRACTORS.
CANADIAN DREADNOUGHTS.
By Telegraph—Press Association—Copyright.
(Received March 3, 6 p.m.)
London, March 2. In introducing the Supplementary Naval Estimates of £2,500,000, Mr. Churchill (First Lord of the Acfcniralty) said that the unavoidable increase of the oil reserves had cost £500,000. The supplies were now enough for a triennium of peace or a year of war. The acceleration of the three battleships to cover the delay in the promised Canadian ships had accounted for £450,000, and quicker work by the contractors for £1,000,000.
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Bibliographic details
New Zealand Herald, Volume LI, Issue 15548, 4 March 1914, Page 9
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93NAVAL BURDENS. New Zealand Herald, Volume LI, Issue 15548, 4 March 1914, Page 9
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