Doubled London, eh. 28 ite, borrowing of "£00}00.000, "an increase in the New construction pro gramme and an increase in personnel by 14,000 men are the tree out standing features of the new Navy view of the borrowing, only 169,250,000 will be met from revenue '88 against £.96,000,000 ins 1938, making 8 decrease of $20,750,000, 'The largest element of' increase over 1935 is on account of new construction, one naw ery males, ross total of £153,000,081 and a net {otal of £60,800,000 against £130,- 196,539 and '£96,117,800 last year, giving a deerease'in net estimate of This net decrease in the amount to be met from revenue is due to the borrowing of 60,000,000. Actual Naval appropriations, however, show fan increase of £23,750,000 over 1938. aid are increased 267,681 from 24,000,000 last year Naval personnel for 1999 Is given with 140,000 showing an increase of 14,000.
"The 1938 figure does not include the 27,800 mon called up during the crisis," With the. inclusion of that figure, the total personnel for 1936 would be 146,500, which would show an increase of 13,500 over the 1930
'The wages' of ofoers and men show an estimated Increase of nearly
Text read from the printed page and cleaned; old type leaves the occasional error.