BOER WAR EXPENSES

Alexandra Herald and Central Otago Gazette, Issue 452, 15 December 1904, Page 3

BOER WAR EXPENSES

Great Increttoitejj&itjsh Public Caused. '"''2 f !r ;■ " ! "i '*"-a!'Gnorxwows Oatl»y M»«e Ife»«Bßarjr fey , ' CwkilKnaUoK of Heetllliiea te ■' '. . j Soattt AJfki cud Bo Bted 'Wt'-;, _ la s*«h*i ,J IJTthe Sir Michael HickaBeadh,'chancellor of the exchequer,-is : the house of commons On the occasion, of..jjjifc introduction of the newbudr*'?! ■ ■ th'ear'e was' not very much that l>ou directly on the cost of the war in Africa. The tale wai told, how- : eve7i-j v hi one clause of one sentence. : ' »' The expenditures for he . ; said had .been which ! ££ was on account of the war ipn.jjßouth ; Africa." At tie same time he £ps>posed ; ,ai loan bf £ 60,000,000, made 'necessafy-hy the war. ThjSy iban, which is now being aub.scPfflwL is in addition to the war loan issued in, 1900. Tbr.t ; t loanrrewesehted less than half of the public debtlaat year of the Boer mark, say» the New York Since the latter .part of the seven* ;teen;th-;cehitury Great Britain has never ; of debt. The debt began with sev«(sion which brought the Dutcli King;' William to the English'throne. From that time it grew and nearly al- f s M vfays on accountof war. ': "At the accession of Queen Anne in .oj 1702 the, d«bt was £ 16,400,000, ant! ™ wheh the ftrstiG'eorge became king' 12 * yeairs later the debt-'Jtad been 'nearly quad rupled. He paid off a paltry con - >ple>"saf. millions, but George 11. eaw j t / growvto nearly £140,000,000. ,/ '- -EfiJC, the beginning of the America:war 1 it had been reduced some £IO,OOO,- } OJH), but that war-sent it climbing to £'■>■ what at-that'time was the terrifying figilre; of £256,000)000. For a few year? . there were* successful, ejffbrte; at rediijctii6n/%na'a total er'".';'.'£ 1O,OOO;09O was recorded "tor ths i decade. ' ■ "f J • ) Then began'the disastr^OTHM^n'i- * s '' si?e French"war, intermission called peace V'cjmimued until the': downfall of Napoleon-in i'si 5. , , During those 23 years the debt grew tremendously;, the loans averaging about £20,000,000 a year. In 1816 the British debt had climbed to the colonsal figure of £900,436,000. The debt of no other country, except France, has reached such proportions. After the peace of Paris the British debt took a new course and. began to decrease. This course was followed steadily with but two slight interruptions until the outbreak of the war with the Boers. In 1833 the abolition' of shivery caused a slight increase, and the Crimean war" added about so that in 1857 the debt }'" sfo'ad at about £839,000,000;.; In the 4?. ; ytfa*?s-tnat followed, up'to'the outbreak of the present war, the debt was reduced on the average £5,000,000 a year. .In; 1899, when the war began, it had decreased to £635,000,000. "' ; The war expenses had taken it back well over £700,000,000, or more than three-times the net debt of the United States, and there is as yet no sign that the war expenses are about to cease or even to show any material diminution. Great Britain is now spending approximately a million dollars "at dayon the war with an army in the field of only 2ro,ooomen. ¥ '";■'' In the civil war, when the federal a r mies numbered nearly a million, the hj pense was only approximately double what Great Britain is now spending: for one-fourth of that strength. , Another Vlklnar Skip Pemad. Another Viking ship, or rather boat, has been unearthed "near Kiel, but this now discovery cannot compare in di-n-ensions with the finest specimen of '.jits' >kind, which may be seen by tour-, .-uts sit the museum in Christiania. :,In \ uact, this clinker built Viking vessel, a hich is about the size of one ofcour .u'odern fishing boats, is perhaps the no'st interesting thing to be seen in «| til' Norway. Those who see it will aiize for the first time why "star- •'.;]," or "steer-boardj" is applied to right side of a vessel, as the helm •i' rude'd from this side, and net from . stern; which is practically the same -i hit bow. There is a popular imr tsion that "Viking" is etymologicV synonymous with "Sea-King"— ,t ; hi.vis erroneous. The word is not Yit:'m<r," but "Vik-ing," or "bay-■<:i"-~"Yik" meaning "sea inlet," or 'its counterpart is found in :h* English place names as Warwick, j : ; ;tk in the Orkneys, and •isewhew,— cxidon Chronicle. ♦*''''■•■ i '■',,;'., , ,' .. ' '■ * Hebrides'' IslanA for Sol* ' ■ 't is announced that thadnka* of At■!i intendb to sell Tiree, tha meat fer- ;■'•: !?landoftheArgyleghirirgebrld«'B. ;;: is someliniileiß'lOngia^'tfioiirmiles fi •'•■■\ i. By, reason of it«flatneai,TiMe"i )»!•*• i(liy r described in'an' ancient ; t ; :i.' as "the kingdom whose V'':u:i!s are lower .thin'the waves."' .'"•'';(: ijr.'d .the' coast ther* some 40 ..in'cd watch towers of unknown his-•'-v :avd\Kovcral ''standing' Stones." i-.e «ti factor's house was erected r>i 3he."in.nl.dle of the eighteenth cen;,'.y on the site of the venerable ruin : a .turretejdj castle.—London Chron"cce '-.hefje,-sir," exclaimed the suceessful;..ivttm|^ cturer to his dilatory are not a* »itentive . ; i(),l(Us|iS^§V'<y ou wight : b«.-'"1-t ; has w(s\ my nsie to be at-,." '■ i,' deaV ea£iy ,and late, and—" "Me, ! k'o.V he'. "Sometime*'*t get :,'i;- -e early* ,and sometimes 'laie." — ■-<;[-.• Catholic ■ WSndafd'. *nd' ;^& , t",iUVsv T'; xM>,. ■■ i~. '' ■ . 1 ■".'■ ■ ■•■■?£&§£. ,■ ■ ?i " ''■ . it: