The new Vote is to carry the. Government on to-February
24th. The increase of expenditure over the estimate bathe to munitions and loans to Allies. The total figure, said Mr. Sonar is " colossal but not alarming." He explained that it had always
been foreseen that it would not be possible to go on with this war indefinitely. In this respect it was unlike the Napoleonic War. We were now engaged in a war in which it- was necessary to " throw everything in." We quite agree that a war conducted as this is cannot possibly drag on as -wars did when it was- rather bad form, so to speak, to fight in the winter. The new style of war is a ferocious and' exhausting struggle which cannot last over a long period. It will last long enough for us to win. We shall see to that, and nothing else-matters. It is curious that a condensed and inadequate report of -Mr. Boner Law's very natural words on this subject caused Surprise and a temporary panic on the New York Stock Exchange.
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