Big Reduction in Expenditure as Compared with Pre~ war Standards London, Mar. 13.
'The Navy estimates for 1924/25 Jamount to £55,800,000 a. reduction of £2,200,000 as compared with the present year. The estimates include £1,800,000 for tha. ccanmencement' of, five cruisers and figure is equivalent to an catimate of £34,500,000 before the war, and, hones, the scale of expenditure of the Navy hag been yeduood much below the 1914/15 standard, being equal to the exponditurd in 1003/04, before the expansion to meet the German menace.
The personnel provided for is 100,300 a8 compared with 90,890 for the previous yoar.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.