THE Wairarapa Age MORNING DAILY. WEDNESDAY, MARCH 31, 1909. THE FRENCH NAVY.
The French Government, as well as the British Government, is experiencing difficulty in reconciling the demand for naval construction with the financial requirements of the country in other directions. And the situation as it exists between Mr Lloyd-George, the Chancellor of the Exchequer, and Mr M'Kenna, the First Lord of the. Admiralty, is curiously paralleled by the differences which arose between M. Caillaux,"the French Minister of Finance, and M. Picbon, the Minister of Marine. With a stationary population, and constantly increasing burdens, the French Minister of Finance occupies a position even fuller of anxiety than that of the British Chancellor of the Exchequer. But it appears that the differences in the French Cabinet have been settled by an agreement to maintain an annual expenditure of £12,000,000 for six or seven years, that sum being slightly lower than the vote for the previous year. As the taxpayers of France have ceased to increase in number, it is impossible for the naval expenditure of the country to increase in anything like the same ratio as the expenditure of Germany, which has 850,000 additional taxpayers every year to share the additional burden with those who carried it previously. And the difficulty of adding to the French taxpayers' naval burden is accentuated by the fact that an extra £19,000,000 has to be raised by taxatiow for other purposes during the coming year. In point of numbers and tonnage, the French navy, however, is stiM a formidable one. Yet there has been many indentions that maladministration has been rampant, and that it is not as serviceable for war as it ought to be. While the British First Lord of the Admiralty and the French Minister of Marine are experiencing financial difficulties, it is significant that the Centre party in the Reichstag promise Prince Bulow a support that will giye him all the money he wants for German
naval expansion. Andyet Germany has her [own financial difficulties of considerable magnitude.
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Wairarapa Age, Volume XXXII, Issue 3151, 31 March 1909, Page 4
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336THE Wairarapa Age MORNING DAILY. WEDNESDAY, MARCH 31, 1909. THE FRENCH NAVY. Wairarapa Age, Volume XXXII, Issue 3151, 31 March 1909, Page 4
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