27 APRIL 1918, Page 3

The total expenditure for the current year, Mr. Bonar Law

said, was estimated at £2,972,197,000. The Votes of Credit, covering the expenses of the war, were estimated at £2,550,000,000, as compared with the £2,403,000,000 actually spent in 1917-18. The daily expenditure would be £6,986,000 ; last year it was £6,583,000. As we had nearly reached the possible limits of supply in this country, the estimates would not be greatly exceeded. The fighting Services would require £1,861,000,000—or £301,000,000 more than last year ; the Allies would need loans of £300,000,000, and the Dcminions £50,000,000 ; the Debt charge, including loans yet to be raised, would be £315,000,000.