I add provisions
for pensions for sergeants after twenty-five years' service.
These figures lead to the following estimate:--
7000 officers at L500 L3,500,000
14,000 sergeants at L100 1,400,000
Pension after twenty-five years for sergeants,
L52 a year 396,864
(An annual class of 14,000, decreasing
annually by 2-1/2 per cent., would consist,
after twenty-five years, of 7632)
------------
Carry forward L5,296,864
Brought forward . . . L5,296,864
200,000 privates at L45 a year . . 9,000,000
2nd year of 20,000 mounted troops (cavalry
and horse artillery at L60 a year each) 1,200,000
Six months' extra training for 30,000 men
with pay (total rate per man L60 a year)
(20,000 for paid reserve and 10,000
fortress troops) . . . . 900,000
First-class reserve . . . . 997,600
Training supplementary officers and sergeants 500,000
------------
L17,894,464
Colonial troops .
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