GREECE 1033 



complete the scheme of reorganization. An additional 2,000,0x20 was estimated for 

 during 1912 and 1913 as extraordinary expenditure on the army and navy. 



Navy. The reorganization of the navy was also undertaken under a British naval 

 mission headed by Rear- Admiral Lionel G. Tufnell, who was appointed in April 1911. 

 The only modern vessels prior to October 1912 were: i armoured cruiser of 10,000 

 tons displacement, built in 1910; 8 fast destroyers, built in 1907; 4 torpedo boats; and i 

 submarine. There were besides three battleships of 4800 tons displacement each, 

 built in 1889-90. The personnel numbered about 4000 men. A building programme 

 was provided for so as to add to the fleet 2 armoured cruisers, 12 destroyers, 10 torpedo 

 boats, and 2 submarines, at an estimated cost of 5,000,000 to be spread over ten years; 

 in 1912, i armoured cruiser, i submarine and 9 torpedo boats were under construction. 

 In October 1912 Greece added to her navy 4 torpedo boats which had been built in British 

 shipyards for the Argentine government. 



Finance. The estimates of ordinary revenue and expenditure for 1911-1912 were: 



The chief branches of expenditure in 1911 were: Public Debt, 1,342, 832; Army, 852 ,481; 

 Navy, 340,688; Education, 244,814; Ministry of the Interior, 547,604. At the end of 1911 

 the external debt amounted to 32,493,360. 



Trade. The trade figures, as shown by a comparison of the totals for the triennial 

 periods 1902-04, 1905-07, and 1908-10, showed a steady progress: 



Of the total trade for 1902-10 Great Britain supplied 30 per cent of the imports and 

 took 16.7 per cent of the exports. 



The imports were valued at 6,340,000 in 1910, and 6,888,000 in 1911; the exports at 

 5,502,000 in 1910 and 5,636,000 in 1911. 



The value of the trade with the principal countries for 1908 and 1909 is shown as follows: 



The staple article of export from Greece to the United Kingdom is currants, the value 

 of which amounted to 1,716,106 in 1911. 



The chief articles of import and export in 1910 and 1911 were: 



