GERMAN ARMAMENTS.

Dominion, Volume 3, Issue 752, 26 February 1910, Page 13

GERMAN ARMAMENTS.

HtJGB /ESTIMATES. ;K)E : THE' NAVY ' : ;f''4/M : ; , iN;'i?io. \,:^> : -/;' ■ ~ l' ., :' A/statement of -'extreme , , 'interest.' by Count da Salis, Councillor, of his Mojostyfs jEmbassy; at Berlin, with regard to ■tho finances/of the German Empire,. has been:issued.,/For/this year, states Count do.' Salis, .the ordinary, expenditure for the" Army. Ki%i. increased to as compared with' for 1909. .The extraordinary: .'" axpenditure. falls . to .■•61i101,277,-" as compared, with . i2,0«,008 for 1909.' '.This expenditure was , dovot«d exclusively, in each year to :fortincatione and to the building of strategic railways. The -.estimated/ordinary, naval erpenditure,has,increased,as. :, :

'- 1908. -..: :. " ' 1909. ; ■-'• '1910.-:'. •£10,837,390' ... r-£Ii,W,BBB . ...'

In addition .to this /amount "extraordinary'expenditure" on the Navy in 1910 is oshinated at .£5,518,182; Tho total naval expenditure ■'.'■ this year mil therefore amount.'.'to - ' V

Construction: is charged to .'• ordinary non-recurring expenditure,-and is to be met from revenue to the extont. of 6 per cent, of the money value of the fleet, yrhilo. any expenditurb in 'excess of this will bo pet-by a contribution from the extraordinary" revenue. '■ V ■ ■' The 'figures for. 1910 are. aa follow;— : Estimated expenditure on r construction, i7,557,023.-•,■,-■ ■ . : :■•.■■■ -I , '-.- ■ Six; per. cent, on the money value ;of the fleet, to be; met; from revenue, ■£3,02-1,903, leaving a balance 'for construction'which has to bo'met from loan equal to ',£1,532,060. .'■. v ./. .-.■■• ■■■..■• 'The '.-money, value of tho .fleet is returAed for the purpose of this calculation at, roughly, i£50,«0,000. ■;■■■ / '..