COST OF THE WAR
| WIDELY DIVERGENT FIGURES !■ London, March *8. i:- The-"Times," commenting on Mr. \ Edgar Crammond's figures regarding tho i cost of the war, says: "Mr. Aaquith ?. caloulated the direct expenditure until : July at five hundred mwioiiß. This is ! certainly too low, if Mr. Crami mond is too high." [-"■ Mr. Edgar _ Grammond, the well- ; known statistician, in an address before ! ;• the Royal Statistical Society, stated that I- the cost of the war. was £9,000,000,000 a year. Belgium's loss was £526,000,000, [ including £250,000,000 for the destruction of property. ; A year's war would oost Germany :. 562,775,000,000, including £958,000,000 ; decreased production, and £879,000,000 '■ the capitalised value of human life, ; compared with the cost to Britain of ;■ iC1,258,000,000. The war indemnity to compensate tho ■ [Victors, he added, should be £4,(500,- ; too,ooo.
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Dominion, Volume 8, Issue 2414, 20 March 1915, Page 8
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128COST OF THE WAR Dominion, Volume 8, Issue 2414, 20 March 1915, Page 8
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