OCR Text |
Show Tho report recently issued by tho British Government giving tho strength of tho naval fleets of tho world furnishes fur-nishes a rather surprising commentary on The Hague Pcaco Conference. It seems that In ten years tho money spent annually by tho eight chief powers pow-ers of tho world on naval munitions of war alono has Increased from $230,250,. 000 to 9101,250,000; the United States Is spending nearly threo times as much as ten years ago. England now has forty-two battleships of tho first class, four of tho second and two of the third. Franco comes next with nineteen, nine-teen, eight and one; respectively. Bus-sla, Bus-sla, thirteen, four nud ono. Germany has twelve, four and twelve, respectively, respective-ly, and tho Uultcd States ten of the first class. Eugluad now has fifteen battleships in courso of construction, Franco eight, Uussla fifteen, Germany eight and tho Uiilted States fourteen. The naval expenditures for tho jear BlOl-02 woro as follows: Orent Britain ?rr,R21,000 United Mate r.,ui),ouo j'raiiee li, jo.Oui llusua 5J,lSt),uon (ennany fiO.jiXI.OOO 1'aly 4,.J.lj!(W0 Japan.... j. Mm Austria-Hungary loi(J,00v |