Letter from WSC [First Lord of the Admiralty] to David Lloyd George [Chancellor of the Exchequer] on the Naval Estimates, stating that while he would do his best to work to the figures mentioned in his letter, he could not be bound to them "in any extraordinary or improper sense". WSC adds that while he recognised Lloyd George's friendship, he would ask no favours, and would enter into no "irregular obligations". [Hand-written draft, signed by WSC].