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Show BOH UW SUBMITS .1 WAR CREDITS BILL LONDON", Dec. 12. In moving a vote of credit of .550,000,000 in the house of commons today, Andrew Bonar Law, chancellor of the exchequer, announced that the premier would not speak on this subject, but would make a special statement state-ment rega rd i n g the wa r before the Christmas holidays. Tlie chancellor said that whfen the last vote was moved, on October 30, for 4(10,000,000 it was supposed that this sum would meet the expenditures until Ihe first week in January. That had been realized and it was now estimated that the credit would last until January 9. The average daily expenditure for sixty-three days preceding December 1 was il, 7 14,000, an excess expenditure over the budget estimate of $1,383,000 daily. The total excess over the budget estimate esti-mate was 309.000,000. But from that was to be deducted the expenditure which had been recovered or was recoverable re-coverable and he estimated that sum at 225,000.000. Therefore the excess over the estimate of the dally expenditure was 350,000. One of the causes of the increased army expenditure, said the chancellor, was the increase in aviation programme. Another cause was tlie large number of troops employed in Mesopotamia and the largest amount was due to advances to the armies in France and Palestine. The estimate of the advances to tlie Dominions Domin-ions had not been exceeded. While the house should not exaggerate what was happening In Russia, tlie chancellor chan-cellor continued, no state ever repudiated its debts. It was almost certain that there would be a stable government in Russia and he could not believe that efforts ef-forts which the Russian people had made to establish freedom and a free government govern-ment would end in anything but the establishment es-tablishment of a recognized responsible government in that country. If there was a stable government, Russia knew that the development and prosperity of the country would be impossible without with-out aid and financial assistance from other countries and this aid and assistance assist-ance would be impossible unless the previous pre-vious debts of the country were accepted by the government. Therefore he believed be-lieved that the money would be recovered recov-ered sooner or later. |