London, Mar. 4.
The British Navy Estimstes for 1938 amount to #93,707,000, an increase of £15.642,000 over 1937. In an accompanying statement, the First Lord of the Admiralty, Mr. A. Duff-Cooper says "the provision asked for in the Estimates, which are now laid before the House would—irrespective of any sum allocated under the Public Loans Act—reach the total of £123,707,000, which is £18,642,000 more than the total of the Navy Estimates-for 1937."
The amount which will. be provided under the Defence Loans Act, is—£30,000,000, compared with £27000,000 provided in 1937. A supplementary estimate will—follow for, Mr. Duff-Cooper says, "the policy! underlying the Navy Estimates is ihat laid down in the White Papers Published on March 3, 1926 and
Text read from the printed page and cleaned; old type leaves the occasional error.