12 MAY 1917, Page 1

The great leap upwards in the daily expenditure was duo

to advances to Allies and the Dominions. These had boon at the rate of £2,000,000 a day, whereas the Budget had estimated only £1,000,000 a day. He thought he would still be justified of the Budget estimate as the United States was now helping the Allies financially. On the other hand, various items had been unex- pectedly expensive, and after making allowances for the generous help of America, he put the true daily expenditure at £5,600,000, as against the estimate in the Budget of £5,500,000. For the rest, Mr. Bonar Law reviewed the military situation, and said that it was clear that the United States did not mean to do anything by halves. She recognized not only that she must make war with her full strength, but that she must send help as promptly as possible.