15 OCTOBER 1927, Page 32

PRE-WAR FIGURES COMPARED.

In making a comparison between the year immediately preceding 1914 and , the position td-day, the actual years of the War must, of course, be passed over, though it is impossible to ignore the slowness with which expenditure was_ curtailed, so that even as recently as 1921-22 we find the total as high as £1,079,000,000 compared with £197,000,000 in the pre-War year. Then came the days - of " Economy Committees " and in 1922-23 there was a drop in the expenditure to £812,000,000, though for the current year the total is once again as high as £834,000,000.