HOW THE MONEY GOES.
NEARLY 1000 MILLIONS FOR FIGHTING SERVICES. Vast sums are dealt with in the report of the Comptroller and Auditor-General upon the Appropriation Account of the Votes of Credit in the House of Commons between March 3, 1915, and February 22, 1916, amounting to £1,420,000,000. These are some of the most striking items:— '
£ Army 526.697,054 Navy 205,716,686 Ministry of Munitions 222,703,883 Loans to Dominions, Allied Cowers, etc 815,967,183 Purchase of sugar involved an expenditure of £26.432,369, and its sale realised £34,840,523. In 1914-15 the payment* exceeded the receipts by £7,105,747, so that there was a net excess of receipts over payments in the two years of £1,302,405, while the stocks of sugar from which payment hits been made amount to 145,774 tons. Meat was' brought to the extent td . £31,386,818, and receipts for sales amounted to £27,838,749, the balance representing meat in stock and issues not paid for. The amount of £230,710 was paid in compensation for damage sustained in the bombardment of tho Hartlepools, Scarborough, and Whitby, and by air raids in other districts up to June 17, 1915.
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New Zealand Herald, Volume LIV, Issue 16561, 9 June 1917, Page 2 (Supplement)
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183HOW THE MONEY GOES. New Zealand Herald, Volume LIV, Issue 16561, 9 June 1917, Page 2 (Supplement)
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