THE COST OF THE WAR
TWO ESTIMATES.
In thready years of the war the fas-cinnti-j" exeri'is'p of estimathiK the total co't i> nil tlic belligerent: nations was a: name ti'iich in vogue with statisticians and Imaiwial writers. As the war lengthened out and-llie accounts of various nations becanio more and more impossible to unravel' tlie exercise declined in popularity. But two new estimates i'rum financial experts wlnclr have reeentlc been published arc at least lntcresiiiii;. ■ . . ." One is iinulo b.v Hie Swiss National • Bank, «ho in their. -J"*" 1 -!: ,9 lrc, ' lttl " I' , '* the tutiii fißurc at 34,000 million to 36,000 million sterling for all the .belligerents upj to an end of July. 1918. The other was not: forward b.v the Mechanics and Meta.U National Hank , of Now } , ork, whose fmuro for (he same period is 31.000 million sterling, .liven the latter figuro would be about six times the ngK rc"a;e cost of all the following wars:~ •-Napoleonic. Crimean. American Civil, Franco-Prussian, Soifth African, RussoJapanese , , , All Aiic.h estimates i-.re very largely Ku'psswwk, but by their mere bigness the fi-'ures have .a fascination for many.
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Dominion, Volume 12, Issue 43, 15 November 1918, Page 8
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183THE COST OF THE WAR Dominion, Volume 12, Issue 43, 15 November 1918, Page 8
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