MIA > Archive > Hobson > Imperialism
|
For the |
Expenditure on Armaments, |
Extraordinary |
Total |
Total |
||
|---|---|---|---|---|---|---|
|
Army |
Navy |
Total |
||||
|
|
||||||
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
1895 |
17,900,000 |
17,545,000 |
35,445,000 |
... |
35,445,000 |
93,918,421 |
|
1896 |
18,460,000 |
19,724,000 |
38,184,000 |
... |
38,184,000 |
97,764,357 |
|
1897 |
18,270,000 |
22,170,000 |
40,440,000 |
... |
40,440,000 |
101,476,669 |
|
1898 |
19,330,000 |
20,850,000 |
40,180,000 |
... |
40,180,000 |
102,935,994 |
|
1899 |
20,000,000 |
24,068,000 |
44,068,000 |
... |
44,068,000 |
108,150,236 |
|
1900 |
20,600,000 |
26,000,000 |
46,600,000 |
23,000,000 |
69,600,000 |
133,722,407 |
|
1901 |
24,473,000 |
29,520,000 |
53,993,000 |
67,237,000 |
121,230,000 |
183,592,264 |
|
1902 |
29,312,000 |
31,255,000 |
60,920,000 |
59,050,000 |
119,970,000 |
188,469,000 |
|
1903* |
29,665,000 |
31,255,000 |
60,920,000 |
59,050,000 |
119,970,000 |
188,469,000 |
|
* “Estimates” |
||||||
|
|
||||||
21. As given in the various Statements of Revenue and Expenditure as laid before the House by the Chancellor of the Exchequer when opening the Budget, but omitting the Interest on the year Debt. In his Budget Speech on 14th April 1902, Sir Michael Hicks-Beach estimated the total cost of the wars in South Africa and China during the three years ending 31st March 1902 as £65,034,000. Of this sum £45,420,000 had been defrayed out of revenue and by the suspension of the Sinking Fund (£4,640,000 a year), while £119,64,000 had been added to the Debt.
Last updated on 12.11.2006