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Orthographia
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NATIONAL EXPENDITURE. THE CHANCELLOR'S SURVEY OF THE SITUATION.
In the House of Commons on November 12h, Mr. Bonar Law, moved a Vote of Credit in respect of war expenditure for £700,000,000. Referring to the loans to the Dominions and the Allies, he said that at the end of the last financial year:--
fairly, and not by trying to get the last penny out of them, and I am quite sure that in these big issues the same principle applies. (Cheers.)
1
come
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STEAMERS
**THINE OF THE DIG THINGB,'' What we have got to do is to think of the big things, and the uthers will not do not see much good that can trouble. I have spoken of the Allies.
out of this war. It has been all evil almost up to now, but one thing I do NIAB hope from it is a better understanding with the nations with whom we have been TJIPANAS ... allied. I do not know whether the
the TJIMANOEK emra of the Committee read 123,000,000 speech delivered the other day by M
Сегедосць.
(Gheera.)
Worth TJIKINI 1,400,000,000 reading. In that great speech, though was entirely unprepared, he said this, As for the English, we 194,000,000 speaking of un
We have seen what $4,500,000 love them well." 218,500,000 Franec has gone through, and we can say the same thing (cheers) and as regards 508,000.000 America it is even bigger there, because I think before the war there were sothe
The nuicunt of the louns was £1,372,000,000 There has been an incrense of Making the total debt on
October 19th
As regards the Dominions, the amout on March 31si
It has been increased by Making the total
The amount advanced
....
E
Russia remains the maine. The amount advanced to
Franco has become
To Italy
To the smaller States in the
Alliance
it
It
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425,000,000 misunderstandinge. I believe it will be 346,000,000 a great thing, and it is something i at least look forward to if, as a result of 127,000,000 this war, the understanding between According to the Budget estimate, the America and this country were better than total debt for which we were responsible it ever was before (Cheers.) It would at the end of the financial year for our countrice, but for this reason, that in the be a great thing, not only for these two selves and only half the 21 եւ էդ է admain our ideale are the game, and it vanced to the Allies was £6,800,000 would be a great thing for the future. If, as we believe, the war is practically now ended, of the money which will be peace and civilisation of the world spent out of the vote of credit which we say that we think with admiration and our Allice. are now asking, part will be put on with friendship of a demobilisation, which, had the war been (Cheers.) It is our business to keep good NETH, INDIA, MANILA, HONGKONG & SAN FRANCISCO going on to the end of the year would relations with them have ben war expenditure of the year. We can now look therefore upon that as the limit of the debt for which we are responsible.
pointed out at that time that we had many assets which musterially reduced the total burden. I have made what inquiries I could as to the present position, and I ate satisfied that the valve of theau assets, especially those which are. actually in France, is far greater than the Conservative estimate winch i gave to the House in oving the Budget.
den 7
I think the part which the British Empire has taken in this war is a part greater than ever has been taken by thie country in the past believe greater than has ever been played by any coun-" try in the world. (Cheers.) That is my claim Look at our Dominions and at India. When the way broke out, I thought one of the best proofs of the justice of ur cause was that the people of India teame forward in one side, and it WHA a joy
it only an honour to them, but a
How will we be able to fire that but
As regards the whole dobs, I duo the British people to realise the rnos. mous war which Indian troop, took. hot think we need have any great qxiety (Cheers.) As to our Dominion troops, but the debt meurred abrend is the item what enn you say! They were not fight- which will most severely affect us HOUR financial position after the war. I would fing for the Mather Country but they like to call the attention of the Commit were fighting for tu Empire, which is (Cherry) But text this fact that that burden on theirs as much as ours. us of tam external debt is largely due play were far away from, yet they to the assistance we have given to the threw themselves at once into the strug Allies If we had merely financed our gic. (Cheers.) They have sent their selves, we would be practically free from troops and what troops, (Cheers.) Whe that burden. I think we can reasonably does aut remember the long and melan
the assume that at the end of the war the choly story of the first attempt on burden from this cause will not at the Dardanelles? History repents itself Wa outside reach $1,000,000,000, and that is began budy, but we did not end badly.
I burden which I think this country ens
Cheers.) We won it through at the end. mar, As regards the general position, ]
ť
have myself always held the view that ther
That ryt
was there that the Aus and New Zealand soldiers Grat state which this country would be in from the financial point of view alter the war (Cheers.)
showed the quality of their entling. Expedition was 3 would to a considerable extent depend or failure, but in my belief as long as the our credit, which in turn would de pend on the nature of the peace we had British Empire lasts it will not be re- secured. That, now, is settled, and 1menbered as a failure-(cheers) but will have no doubt whatever that there will be form one of the greatest landmarks in our plenty of work to be got, not only to re history, because of the brave men who pair the countries which are damaged, pad fought and died. (Cheers.) ravaged, but in those new quarters of the world largely given over to the produc tion of food and raw material. The rise in prices during the war must have added enormously to the nevumulated, wealth in those countries, and I have little doubt |that there will be plenty of work and plenty of credit to enable that work to
be carried out.
THE INDUSTRIAL QUILGUN.
7
WHAT BRITAIN HAS DONE,...
A to the Canadians and South Africans it is the same, but do not let u, forget the Mugher Cantry, (Cheers.) In my belief al never was more vigerous or younger then she has been throughout this war. (Cheers.) As the House knows, we have dure, as nation, as a
Govern ment, what no prudent man would have
went on incurring ob alsempted.
The rent problem is one which dependsations in America for supplies with- an other issues. I believe I am right in out which we eeld saying that the total production of this country, in spite of the millions of men,
(Chours.) wer.
of
not have Ron thie And WT were right. who have been removed from it, is greater (brers) After all, we thought so much than it was before the war.
Whing all
the future that we could not afford to this additional lalar supply comes back think of the present, because we knew the production ought to be enormously that unless the e supplies came the Allies | greater. I think the work will be there would break down and the war would and the credit will be there. I do really end.
VI
Without
our
believe the future prosperity and well Look at what the Navy has done. being of the people of this country de (Cheers.) It has been silent in it, work; pends upon the extent to which capitalit has not only played ค great part and inbour can work together more harin
deci. tho war-it has played moniously than they did in the past, and
part. (Cheers.) both have as their main object the Navy the war would have been over long creased production in this country.
ogo, and we should not have
Cheers) Then think of our people as whole. We really are a great people. (Cheers and laughter.) Let me tell the why. When the war broke out we
That is all that I propuse to say on the financial aspects of this question. But I feel, on the day after the artistic, op
over.
seale
won.
the occasion of a vote of credit which Holly had no Army. We raised by 1 generally allows of discussion of every thing connected with the war, that voluntary means an Army on a gigantie hardly sit down without saying a
such na has never been touched by words about the fact that the war is
What I say will be commonplaces, any other country in the world. When but at all events they will be sincere com
we are recntling all this, is it not a miracle monplaces, because they will be what 1 that hardly more than six months ago the feel. The first thing I want to say is in German people were really looking for regard to the prace conditions as they ward to imposing upon us the terms which affect our Allies. It would be idle to we are now imposing on them? (Cries of say what particular thing won the vic
Much worse. Now, what can we say tory, and I shall say something about our of our Army--that Arst general Army, share of it in a minute, but it is in the contemptible in numbers as it was re- main because of the closeness of the alliferred to by the Germans, which went out ance, and because of the way in which at the start of the war? It played a are and more, year by year and month great part. I am not sure that, small by month, we worked together as one as it was. It did not turn the scale. united force engaged in a common purCheers.) Is it surprising, therefore, pose. A coalition is difficult at all times, that for the moment. the mouthpiece but it was far easier in war, under the of the British Government, should bo pressure of a common danger, than it will proud of our effort (Cheers.) We have be now that peace has come.
It is . វាដ vital for the world, in my opinion, that won a victory in a great crisis, but wo the close unity which war has produced must never forget what we owe to our should prevail while we are repairing the Army. (Cheera.)
ravages that war has caused. It is dif
8.S.BINTANG " from Java 20th February, sailing for San Francisco direct 21of February, 1919.
The Steamers are all fitted throughout with electric light and have recominodation for a limited number of saloon-passengers.
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The following telegram from
་
the
on which are men of all minds constantly Foreign Minister of the Czecho-Slovak dealing with specific subjects, and it is inevitable that members of those commit. Republic has been received by the Prime tecs should look at them as
business Minister: man treats another business man, with
"At the moment of the great victory whom he is making a bargain. The itn of justice over violence and the spirit pression grows up on both sides that thereof domination, I hasten to present in the is too much selfishness in those arrange name of the Government of the Ozdeho- iments. That is inevitable, and the only Slovak Republic my congratulations to way in my opinion to cure it is that when his Majesty's Government and to you, those ports come up, the heads of, the the great architect of our common Governments should look upon them, tot triumph. Our nation will never forgot fruntimmt of view of their selfish the help that Great Britain extended to interests, and I do not mens our Cove her during this terrible war, and Her ment, but all Governments, but fairly and do all in her power to continue the policy justly as if the interests of one were the inaugurated during the war. The vol to any that that is the best way even from our, the energy, and the loyalty whielt the point of view of the different sational she has shown during the war while intorcete..
I cannot put my experience Oghting on the side of the Allies will be against that of so innny great business the principles which will always guide mon, bus even in business, so far as my her intimate collaboration with Great experience goes, you get on buster by tron, Britain in the future.
EDWARD NEC Foreign Minister. cure the worst tough, those with whom you do busines
KEATINGS LOZENGES
interests of all. (Cheers.) I venture
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