ARMAMENT EXPENDITURE.
DECREASE IN AMERICA.
SURPLUS FOR THE YEAR.
A, and N.Z. WASHINGTON. July 19. The Treasury Department announced that the expenditure on the Army and Navy in the fiscal year 1922-3 totalled - 5 000,000, a decrease of £41,000,000 on the previous year. ■ . .' . The total Governmental expenditure in tho last fiscal year amounted to £739.400,000, leaving ft surplus, ■ over Keveoue ot £621,000,000.
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18457, 21 July 1923, Page 9
Word Count
62ARMAMENT EXPENDITURE. New Zealand Herald, Volume LX, Issue 18457, 21 July 1923, Page 9
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