3 NOVEMBER 1917, Page 15

In the House of Commons on Tuesday Mr. Boner Law

moved a Vote of Credit for 1400,033,01). Though the financial figures which Mr. Boner Lsw passed in review were indeed alarming, he made them seem appreciably better than had been generally expected. Mr. McKenna oven spoke of Mr. Boner Law's review as " optimistio." " Anti-pessimistio," corrected Mr. Asquith, and the phrase was accepted by every one as the mot jugs. Mr. Boner Law explained that the gross daily expenditure was still about £6,500,000, or £1,003,033 in excess of the Budget estimate, but he mentioned several items of recoverable expenditure which redueed the true daily increase to £239,000.