AMERICAN NAVY.
FIVE YEAR PROGRAMME. APPROVED BY PRESIDENT. ?ress AssociAiou- Eleclrio Telegraph-Copyright. NEW YORK, Tuesday. The “New York Times” Washington correspondent states that President Coolidge has approved of a five-year naval programme which, according to members of Congress who saw it today, provides for an ultimate expenditure in excess of a thousand million dollars, over a period of five years, exceeding the expenditure for the 1916 naval programme, and approaching the latter in the number of ships authorised. It calls for twenty-six cruisers of the ten thousand-ton type, to cost about fifteen million dollars each; three aeroplane carriers, five fleet submarines, and eighteen destroyer leaders to round out the fleet, and four new battleships for replacements permitted by the Washington Treaty in 19112. —(Argus).
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Wairarapa Daily Times, 14 December 1927, Page 5
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124AMERICAN NAVY. Wairarapa Daily Times, 14 December 1927, Page 5
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