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In the House of Commons on Wednesday Mr. Bonar Law

moved a new Vote of Credit for £500,000,000, and caused much surprise by his announcement that the average daily expenditure for the first thirty -five days of the financial year had been £7,450,000. He estimated that this £500,000,000—the largest single Vote ever asked for—would carry the Government on till August. He explained that the amount expended in the thirty-five days from April 1st to May 5th was £261,000,000, allocated as follows : Army, Navy, and munitions, £173,000,000 ; Allies and Dominions, £68,000,000; miscellaneous, &c., £20,000,000.

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