HOW LONG WILL IT BE?
WAR AND FINANCE
STATEMENT BY MR. LLOYD
GEORGE
LONDON, Jrlay 5
Mr. Lloyd George declared-he had no doubt as to the ultimate issue CX the; war. Only its duration was in question. It was not now the time to base the financial policy of a whole year. Very much depended on the developments of the next two or three months. The operations of the summer alone would enable us to form a dependable opinion as to the duration of the. war. To the end of the financial year the war had cost 307 millions. Income-tax last year realised £59,279,----000.' The super-tax .exceeded the estihiate by eight niJllioris. The- national debt was now £1,165,825,000. ■ The estimated total revenue had been increased by £43,638,000, making £270,----322,000, of which spirits provided £23,----400,000, beer £82,000,000, and wine £2,350,000, tea £9,000,000.
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Bibliographic details
Wanganui Chronicle, Issue 20347, 6 May 1915, Page 5
Word Count
141HOW LONG WILL IT BE? Wanganui Chronicle, Issue 20347, 6 May 1915, Page 5
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