BRITAIN’S WAR DEBT.
A TREMENDOUS LOAD. London, March 10.—Mr Stanley Baldwin. Chancellor of the Exchequer, in Parliamentary papers states that the United Kingdom’s total war pension expenditure from August. 1914, to March 31, 1923, will amount to £470,000.000. with an estimate*! capital liability thereafter of £832,000,000. The votes for mandated territories from April, 1919, to March, 1923, totalled £150,000,000. Other expenditure resulting from participation in the war included: Unemployment, £400,000,000; housing, £225,000,000; liquidation of railway canal agreements, £203,000,000; Ministries of Munition and Shipping. £30,500,000; bread subsidy, £100,000,000; coal mine deficiencies, £48,000,000; relief works loans, £33,000,000; occupation of Constantinople, £20,000,000. Mr Baldwin said that the Dominions during the current financial year to December 31 had repaid debts totalling £1,189,985, including: Australia, £525,877; New Zealand, £141,169. Since the Armistice 400 British soldiers on the Rhine had married Germans.
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Wairarapa Age, 13 March 1923, Page 2
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136BRITAIN’S WAR DEBT. Wairarapa Age, 13 March 1923, Page 2
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