Show NAVY COSTS AST SUM england may borrow to build more ships london the british government according to the daily dally telegraph contemplates templates oon raising a large loan in im lew dew of the growing naval competition abroad it Is stated that financiers of the highest standing have hava undertaken to find on oil nominal terms to meet the necessities of the fleet for or the neit next few years without disorganizing the annual budgets or casting a heavy bur rien een upon the present generation it if such a plan Is attempted it will be because it Is impossible to foreast the future requirements of the ther navy until foreign shipbuilding pro gra grammes mines have crystallized crystall zed and the setting aside of this fund would be a to declaration translated into of or cash of the country count rys s intention to tok maintain nain tain a a two power standard at all costs |