§ MR. VERNEY (Buckinghamshire, N.)To ask the Secretary to the Admiralty what was the increase on Naval expenditure in 1904 compared with that in 1894.
| 1904–5. | 1894–5 | |
| £ | £ | |
| Net expenditure | 36,859,681 | 17,642,424 |
| Annuity under the Naval Works Acts | 634,238 | — |
| 36,225,443 | 17,642,424 | |
| Expenditure under Naval Works Acts | 3,402,575 | — |
| 39,628,018 | 17,642,424 | |
| Increase | £ 21,985,594 |
§ MR. VERNEYTo ask the Secretary to the Admiralty what has been the increase or decrease on Naval expenditure in the years 1905 and 1906 as compared with that in 1904.
(Answered by Mr. Edmund Robertson.) The decrease in the net expenditure
| 1903–6 | 1904–5 | 1906–7 (Estimated). | |
| £ | £ | £ | |
| Net expenditure | 33,151,841 | 36,859,681 | 31,567,000 |
| Abate: Annuity under the Naval Works Acts | 1,015,812 | 634,238 | 1,094,309 |
| 32,136,029 | 36,225,443 | 30,472,691 | |
| Expenditure under Naval Works Acts | 3,313,604 | 3,402,575 | 2,410,307 |
| 35,449,633 | 39,628,018 | 32,882,998 |
| Decrease in 1905–6 as compared with 1904–5 | £4,178,385 |
| Estimated decrease in 1906–7 as compared with 1904–5 | £6,745,020 |