AUSTRALIA'S WAR EXPENDITURE
STUPENDOUS FIGURES. i Melbourne, July 11, '. j Approximate figures giving the irela- i tion between revenue and war expendi- i ture show that ,£110,000,000 have been i raised by the Commonwealth by meaas i of war loans and war savings certificates, in addition lo .£47,500,000 borrowed from i the British Government for vrar purposes, ' wliile ,£39,750,000 represents the expenditure by Britain on tlio Australian troops, ; for which the Commonwealth is liable. From the beginning of tlio war to tha 'j end of June, tho Commonwealth has i raised by direct taiation w820,G5i,276, and has expended c.n the war,-interest, and j sinking fund, and on pensions, JC20.011,001.—Press Assn. j
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Dominion, Volume 11, Issue 252, 12 July 1918, Page 5
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111AUSTRALIA'S WAR EXPENDITURE Dominion, Volume 11, Issue 252, 12 July 1918, Page 5
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