Show ENGLANDS WAR EXPENSES Great Britain is in much troublo over the expenses of the South A f Heap I war The cost has run away ahead of the estimates The borrowing powers granted to the British Government Gov-ernment by the late Parliament are nearly exhausted and heavy arrears amounting lo between 5200000000 and 250000000 are pressing for payment Against this liability the Government has about 505000000 available at present pres-ent Under the law she can borrow but 530000000 more witH a balance of loans Issued yet to he paid up ofomc S 45000000 The indirect loss Is I something some-thing frightful to contemplate According Ac-cording to the New York Sun In September Sep-tember last the shrinkage In value of the full limit of securities quoted on the London stock exchange had as a direct consequence of the war reached nearly 200000000 Of course that Is not lost except such persons as have or may In the future have to part with their stocks And then too wo think their stocks have In the craze of the people for Kunirs been forced up loan lo-an unreasonable figure But the decline I cline in the market value of consuls has been very serious and the fall haw been equally marked In municipal and railway Blocks und other obligations And tile a permanent garrison oC GQ 000 men has to bo kept up That Increase In-crease In the reorganization of the army will be provided for and mllr I HOMS will have to ht expended In bring 1 ing the stores and ammunition and I I other war malcrlnlH up lo the requirements I require-ments uf the new policy An order for 30000V000 worth oC new guns has been I placed Then there Is trouble outside The Minister of Finance In Cape Colony says the shortage of revenue In that colony this year will reach S12 915000 and that nearly all that country coun-try hag been exhausted by the war The outlook for Great Britain just now Is about as gloomy as she has been forced to meet since the days when Napoleon kept overy mother In England Eng-land awake nights |