RUSSIA.

Rangitikei Advocate and Manawatu Argus, Volume XXXIII, Issue 9103, 24 March 1908, Page 5

RUSSIA.

MORE Y REQUIRED

Press Association —Copyright Received March 28, 9.46 p. m. St. Petersburg, March 23

M. Kokostofi has informed the Budget Committee of the Duma that new loans are inevitable, and emphasised the political indispensibility of constructing within five years the second trans-Siberian line and the Amur railway, totalling £36,000,000. The extraordinary ex-

penditure upon the national defence for the next five years would total £32,000,000. He explained that the tendency of ordinary expenditure was to increase in the case of countries passing from the absolute regime to national representation, and foreshadowed an income tax.