§ THE full vivâ voce statement which I shall have to make in explanation of the whole scheme of shipbuilding for the future, with its attendant consequences, will anticipate much of what would otherwise have been dwelt upon in this memorandum, which is now rather of the nature of a summary than an exposition of the expenditure contained in the Navy Estimates 1889–90.
§ The expenditure is estimated to be £602,600 in excess of that voted last year. The increases are mainly in the "Shipbuilding," "Manning" and "New Works" Votes; and the decrease in the Vote for Naval Ordnance. A short explanation of the causes of these variations is appended, as well as an account of the work done in 1888–89, and that proposed to be done in 1889–90.