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COST OF THE WAR

TO CHIEF BELLIGERENTS WEALTH OF BRITISH EMPIRE By Telegraph-Press Association-Copyright ' London, Juno 8. Mr. Edgar Craxnmond, lecturing aC tho Bankers' Institute, estimated the real cost of the .war aa follows:— £ Great Britain 3,500,000,000 France 5,450,000,000 Italy 1,900,000,000 ' Belgium 500,000,000 Germany 8,700,000,000 The cost was equivalent to 12 per cent, of Great Britain's national wealth,' 25 per cent, of that of France, 20' per cent, of that of Italy, and 26 per cent. 1 of that ot Germany. He pointed out ihat the moderate decrease in the wealth by the United Kingdom _was offset by the substantial increase in that of the overseas Dominions and possessions. He estimated the wealth of tho Empire at £U,080,000,000, compared with ,£24,986,000,000 in 1910, and tho annual income at i! 7,650,000,000, compared with .£3,332,000,000 in 1910.--Router, j

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19200611.2.35

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 13, Issue 220, 11 June 1920, Page 7

Word count
Tapeke kupu
136

COST OF THE WAR Dominion, Volume 13, Issue 220, 11 June 1920, Page 7

COST OF THE WAR Dominion, Volume 13, Issue 220, 11 June 1920, Page 7

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