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Monday 4 January 2016

The Italian navy budget for 1911-1912 according to the Dutch magazine Marineblad dated 1911-1912 no. 3

An item reported that the Italian navy budget for 1911-1912 was totally 195.062.372 francs consisting of 3.157.900 normal and extra ordinary expenses, 8.657.500 wages and pension, merchant marine (for instance subsidies) 20.324.561 and the navy 160.205.660 francs. For the rebuilding of the 4 battleships Dante Alighieri, Conte di Cavour, Guilio Cesare an Leonardo da Vinci, the 3 scouts Quarto, Marsala dn Nino Bixto and torpedo service and submarines was 57.612.560 francs needed.