The Archive · 1925

Budget Figures

In a speech concerning the Budget, for 1926, to-day, the Finance Minister estimated ordinary expenditure at, 583,000,000 florins, ordinary receipts at 592,000,000 florins, extra ordinary expenditure at 61,000,000) florins and extraordinary receipts at, 3,000,000 florins. The Minister! Pointed out that the figures Tepresent the sures were be-which would increase 'A reduction being impracticable, he said, relief had to be temporarily, sought by a careful and constant, Drocess of retrenchment.

The Minister announced that the Government was developing a scheme for the reorganization of the naval administration, so ax to of the fleet allotted to. the Eant very considerable proportion

Indies come within the Colonial' Department, while the Home Defence section administered "the Department of National Defence—

Text read from the printed page and cleaned; old type leaves the occasional error.

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