Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-11-11
.ASQU|TH TO ASK FOR NEW
S2,O00,0O0,0OO CREDIT
loted for War Purposes Up to
5000, 900.
DAILY COST NOW s21,75o, 900
Premier Makes Statement on Finan
cial Situation and Impresses on
Nation Necessity of Careful Hus-
banding of Its Resources.

LONDON, November lo.-premier AS
Commons to-day for a credit of $780,
100000 $4,000. 100000 but some de-
velopment prevented him from taking
this action. which was postponed until
Tomorrow. The Premier. however,
made his expected statement in regard
to the financial situation, and impressed
upon the nation the necessity of a
careful outstanding Of it's resources.
Including the new vote of credit to
be asked tomorrow. the Premier
pointed out, the total amount allotted
for war purposes will be Il. .s62, 600. 900
tsS, IL 0, 600, ,o0o). He presented figures
showing that the government had n
sufficient sum left over from the pre-
vious vote to finance the war to the
third week OF November.
The approximate daily cost of the
war between September IL and Novcm-
ber was given by Mr.. Asquith as
f4,352 600 ts2I. I.750.000). 1t rose to this
figure from f2.70O,000 (s13. .5OO.O00) in
the earlier part OF the financial year.
LOANS ADVANCED TO ALLIES
REACH fDS.0NO. 900
Loans advanced by Great Britain to
her allies and dominions between April
l and November G. Mr. Asquith said.
amounted TO foS.O0o.0o In the same
pcriod foS,ooO.000 was expended for
food supplies and miscellaneous items.
Cgrt, nf
cost of the war Mr. Asquith continued.
were the great expenditures for mu-
nitions and the advances to Great
Rritain's allies and dominions. lie
could hold out no hope that there was
any immediate likelihood of a decrease
in those two items
ON the contrary, they were likely to
increase.
Returning TO the question of public
economy, the Premier said the matter
had engaged the attention of the gov
crnment and n special Cabinet commit
tee for several months AS a result.
there had been much closer inveStiga-
ton Of army contract prices. and there
has been revision of the scales of ariNv
rationS.
Regarding scales said the Premier.
arrangements hau been made between
the allied governments to avoid com
peting against one another, either in
the home market or in foreign mar
kets. and thus keep down prices.
ron MORE EEFECTIvE
PROSECUTION OF WAR
The War Office. Premier Asquith con
tinucd, already had taken steps to
secure 4 more effective and co-orlin-
atcd prosecution nf .he war on the part
Of the allied poNtrs by strengthening
Ing more intimate intercommunication
between the military and naval adj
visors of all the allied powers
With regard to the relations between
the British STAFF and those OF the al
lied powers. it would be a great mis-
take. the Premier said, to suppose that
they had been living in watcrtisht COM
partments, without communicating
with one another. There was British
attuche at French headquarters, and n
distinguished French officer in attend
ance at the War once In London, while
arrangements had now been made for
more intimate cooperation and for the
interchange OF views for common de-
velopment OF plsnA for all .ho military
operations in tho different thcatcrs of
war.
1T is more than possible" added the
Premier. that this organization may
bc still further developed"