FIVE MILLIONS A DAY
BRITAIN'S HUGE WAR BILL Australian-New Zealand Cable AwociatiSfo. (Rec July 25, 8.10 p.m.). London, July 25. In tho House of Commons, Mr. Asquith (tho Prime Ministor) moved, a crodit vote of .£450,000,000. He explained that after expending from April 1 last till, July 22 i' 559,000,000 of the War Loan, Iho Government had £11,000,1)00 in kind. The Navy Army, and munitions had coat •£379,000,000; Loans to Allies, X157.OOO.0O0; food supplies and railways, .623,000,01)0. Tho average daily expenditure on the war was ,± - 4,950,000. He hoped that the Army and Navy expenditure would not in tho' near future exceed tho present level. On the basis of five millions daily, tho present vote would last till the end of October,
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Dominion, Volume 9, Issue 2833, 26 July 1916, Page 7
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121FIVE MILLIONS A DAY Dominion, Volume 9, Issue 2833, 26 July 1916, Page 7
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