§ With regard to construction, I think the House would like to know what has been done. In the last year, that is, the year that ends this month, 1924-25, one cruiser, "Frobisher," has been completed, two flotilla leaders, "Broke" and "Keppel," three destroyers, "Shikari," "Whitehall" and "Witch," and there submarines "L23," "L53" and "L54." "X1" is now completing her trials, and will be soon ready for service. In 1925-26, the next financial year, we expect that three cruisers "Effingham," "Emerald" and "Enterprise," will be completed, and two submarines, "L26" and "L27." In the following year, in all probability, the two battleships "Rodney" and "Nelson" will be completed—that is the year 1926-27; and the year after that the five County cruisers which the party opposite laid down, should be completed.