BRITISH WAR FINANCE.
SUPPLEMENTARY VOTE OF CREDIT. - DAILY EXEENWTDRB SEVEN AND A HALF MILLIONS, j
(Australian and N.Z. Cable Association)
London, May 9. Mr Bonar Law, in introducing the vote of credit -for £500,000,000, said that the expenditure recently exceeded the estimate. The average daily expenditure at prcsent«"was £7,450,000, of which £2,000,000 went to the Allies and the Dominions. This exceeded the Budget estimate of such advances by £1,000,000 daily, but he hoped that.the Budget estimate would be realisable, owing to the promptitude of American financial assistance
CABLE NEWS.
£Pxsßs Association—CopnuoHa.l
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TC19170511.2.31.23.5
Bibliographic details
Colonist, Volume LVIII, Issue 14401, 11 May 1917, Page 5
Word Count
91BRITISH WAR FINANCE. Colonist, Volume LVIII, Issue 14401, 11 May 1917, Page 5
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