Reduction of Nearly a Million and a Half Sterling From Last Year: A Million Less for Construction: Gradual Expansion of Fleet Air-Arm London, Mar. 8
The Navy Estimates for 192 tetel 255,865,000, showing a reduc-tien £1,485,000 compared with the "The First Lord of the Admiralty, term of office as First Sea Lord of {he Admiralty til "more convenient The programme for 1929-30 provides for commencing the construction of three cruisers, one flotilialeader, eight destroyers, six submarines and six sloops. states that hes beer made the strength of the Fleet and the Fleet Air Arm aut be diminished.
The suim of 48,621,000 is voted for new construction, this being £1,008,- (OG less than the amount for 1928
£4, Thy main reason for the matter provision is the cancellation three evulsers from the pro stammes for 1127-28 and 1928.
The vote for the Fleet Air Atm incxeaxed by £220,000, mainly to inet the cost of two further flights for the wireraft-carrier Glorious.
Text read from the printed page and cleaned; old type leaves the occasional error.