The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER. FRIDAY, SEPTEMBER 24, 1915. WAR EXPENDITURE.

Stratford Evening Post, Volume XXVIII, Issue 22, 24 September 1915, Page 4

The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER. FRIDAY, SEPTEMBER 24, 1915. WAR EXPENDITURE.

■already.iHßJnf mpleii, and unfatmiafce)y ifc , h.U.\ constantly. peiulifcura- iirjiere lias, bee,w (] no .difficulty in«i!W>i|"g; the, m.QJjey...tq,. metjt. ti»f■•.]ox-iMiiidiitiiibv ;ixut, tinmmb iPrs l)0 forgotten-tha't up ;to : o.«j<JVf s a & 'the Rj-eni|'s«n»S( raised jhityre, |je<?n provided afthe'^xpeiiKp.of-.«,>«S«>M'de». •upon-the future, and, of course, j". a very much lesser degree, this applies itd New Zealand and other. British oversea dominions, Tlie British Government Iras been faced with no easy task ill applying both increased indirect and direct taxation, but it grappled with the matter boldly and brotlght do«n a Budget which has compelled other nations to express their admiration and astonishment at Britain's strength and Britain's courage and resource. The Prime Minister of England lias been compelled to ask Parliament for a further war credit of £250.000,000 to carry on, to the third week in Xovenilier, and at the present.'-rate of expenditure the last .loan the Imperial Government raised .cannot go very far. Since August 4th. 1014, the total war credits voted by the British Parliament amount to the vast sum of £1,261000.000. With such an appalling extraordinary expenditure it is no wonder that drastic means Of raising revenue must be resorted ' to. 11l New Zealand we do not yet in any sense realise what the war is costing us: 11 is a time when every extravagance should cease, and the most rigid public and private economy take place. In discussing this aspect of the matter, a leading 1 Knglish journal nuts the whole tiling concretely, when it says: "We have delayed too long in lacing the burdens which it is the duty of the nation to shoulder. I<et us pinch ourselves now s<> that we may be better equipped to lace the great struggle that will come when the artificial activity created by the war gives place to the exhaustion thai will he the fruit of the war."