THE NAVY ESTIMATES.
SPEECH BY LORD SELBORNE. By Telegraph—Press Association—Copyright Received 9.32 p.m,, March 22. London, Maroh 22.
In the House of Lords, Lord Selborne, replying to Lord Spencer’s enquiries oon-. oerning the navy estimates, said that Great Britain noticed what others were doing and yet never forced the pace. It was the duty to protect every portion of' the Empiro from invasion. The navy stood between us and , conscription. Without the navy tho present fiscal system was . impossible. The navy’s function enabled bread to bo brought to the worker, and raw material to the loom and forge. The question would not bo solved by the mere balancing of forces nore and forces there. Notwithstanding the immense- responsibilities, however, be never advocated a three power standard. He did not think the country’s finances could stand it, and financial security was equally as important as naval. After emphasising the two-power standard I primarily applied to, battleships he said be [.meant the,necessity." for. a sufficient margin Ito enable them to win. He insisted that a I very wide margin of cruiser superiority 1 was essential to protect far reaching commerce.
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Gisborne Times, Volume XVII, Issue 1411, 23 March 1905, Page 2
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188THE NAVY ESTIMATES. Gisborne Times, Volume XVII, Issue 1411, 23 March 1905, Page 2
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