The figures for new con: that is, expenditure on v longing to the 1937 and earlier programmes—show an increase over the mew construction provision of last year of. £7,895.375. This is an indivation of the good progress which is being made in the large building programmes of 1936 and 1937.
Another large increase is found in ihe provision for the maintenance, repair asd manning of the fleet, which is £9,20925 larger than the provision for these services in 1937, Among the factors contributing to this increase are the much bigger volume of dock-yard work on large repairs, including the reorganization of capital ships and the rise in the prices of materials.—Wireless Through Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.