London, Nov. 11. "London financial circles' greatest interest in the new Parliamentary session today was centred on the question "Where has the money gone?"
According to official figures, Britain has spent £110,000,000 for aircraft since the rearmament programme began in 1935. If the Government had. spent £15,000 per plane, it should have had about 7,000 planes during the recent European crisis. Official figures revealed that there were many less.
During the past four years the British Government spent £43,000,- 000 for guns and ammunition, but only 2% per cent. of the proposed anti-aircraft stations established during the Czech crisis were manned with modern guns—and only twenty per cent, of the stations had any guns at all.
The popular view of financial circles here is that mismanagement must have occurred to make necessary during the European crisis that the Thames Embankment should be guarded by an anti-aircraft gun built in 1917.—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.