£1,000,000,000 for the War Stupendous National Expenditure AIR BATTLES OVER THE COAST The House of Commons has passed a further vote of credit for the war amounting to £1,000,000,000. The Chancellor of the Exchequer (Sir Kingsley Wood) stated that the £700,000,000 granted by the House in March is approaching exhaustion, and the present rate of war expenditure is rather more than £50,000,000 a week. The weekly rate of war expenditure for the last four weeks has been £54,000,000 equivalent to a daily rate of over £7,500,000 Source: Bromley & Kentish…