THE BRITISH NAVY.

Taranaki Daily News, Volume LIII, Issue 166, 22 October 1910, Page 5

THE BRITISH NAVY.

IUO-L-OUKu IxPAUIJ lU-WIIED. liv Cubic. Pi' 1 -- .issociaGon.—Cop. right. Loudon, October 21. Mr. Reginald Alckcnua, FiisL Lord oi the AiliiuaiU, speaking at Llaiiihcwy, said -Mr. Baltours naval .1.-i.-jiu'aii- .-»vlichoiiiscl >vilh the vlai.au- i'i>r ianll' nfo.ui. iiriiuiu aau ;i-a .11.. more liuui 111. UVO-puWci sL.UeUiit HI !il-li!a~s battleships.

aCRAITINv. al.v L.Aiii.L.slUPa. Recened 2i, U.t.) p.m. London, October 21. The Admiralty a.u sciapped six bat ol the Royal Sovereign class. The vessels cost &.o,> i\i y j'M. A NA\AL LOAN. MR. CHURCHILL S VIEWS. Received 21, 11 p.m. Loudon, October 21. Air. Winston Churchill, President oi the Board of Trade, writing to a cone spoudenl, said ho was certainly unprepared to say that under no circum stances should Britain have recourse to a naval loan. The present high expense was largely due to special and peculiai circumstances, some of which, were not permanent. Others need not be expected to recur, except at iong intervals. The exceptional Estimates were no rea son for delay in providing national insurance against unemployment, invalidity, and making prowsiou tor widows and orphans.

PRESS CRITICISM. Received 21, ll.:50 |i.m. London, October 21. The .Morning Leader says that if a naval loan is decided upon, sill hope 01 effective control of the growth of armaments will be gone. Such a precedent would supply a Tory Government with an excuse for hanging up social reform, and be a ready means for piling up an euoriiioii* burden to their successors. The Daily News says that a navai loan would be a disastrous policy. Britain now holds a two-Power standard, and very moderate shipbuilding would suffice to maintain her supremacy. The Chronicle recognises the force of Mr. McKenua's objections to a loan for the purpose of shipbuilding, but why, it asks, not apply the money to permanent naval works?