RUSSIAN AFFAIRS.
NEW LOANS INEVITABLE. A SECOND TRANS-SIBERIAN LINE. COST OF NATIONAL DEFENCE. Received 23rd, 9.40 p.m. St. Petersburg, March 23. Mr. Kokostoir informed the Budget Committee of the Duma that new loans were inevitable. He emphasised the po'"dispensability of constructing within five years a second trans-Siberian laihvay line, and the Amur railway, totalling £180,000,000. The extraordinary cxpendituie upon national defence during 000 0 r ears total £32,-
He explained that the tendency of tlic oulimuy expenditure was to increase in the ease of countries passing from an absolute regime to national representation. He foreshadowed an income tax.
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https://paperspast.natlib.govt.nz/newspapers/TDN19080324.2.16.12
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Taranaki Daily News, Volume LI, Issue 80, 24 March 1908, Page 2
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98RUSSIAN AFFAIRS. Taranaki Daily News, Volume LI, Issue 80, 24 March 1908, Page 2
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