Money For The Navy

Wi . :. - About 316,O0U,O09 is the sura the navy department will ask íor its animal cstunates for continuiDg work on the new navy. Tliis does not Include anythlng for ncw vessels. It i.s simplj' the amount required for meeting paymenta under existing1 contracts which will be due during the fiscal year June 30, 1893. Of this amount Sü.000,000 is required for the construction of the vessels proper and 87,000.000 for nkchinery, armament and equipment. The annual estimates will not include anything for proposed new ships.