COST OF WAR
AMAZING FIGURES. (ESTIMATED WEALTH OF BRITISH EMPIRE. ■ By- Telecranh —Press Assn.—Copyright • ' - Heuter’s Teleeram. . .. . LONDON, Juno 8. . Mr Edgar Oramond, lecturing at the Bankers’ Institute, estimated the real cost of the war as follows: — £ ' SSsost Britain ... 3,300,000,000 , fSnco ' 5,450,000,000 I te lv 1,000,000,000 Belgium. 500,000,000 Germany 8,700,000,000' The cost was equivalent to 13 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, of that of. Germany. ; , He pointed out that the moderate decrease in the wealth of the -United Kingdom was offset by the-substantial increase in that of the overseas Dominions and possessions. _Ho ostim-. a ted the wealth of the Empire at £44,080,000,000, compared with £24,986,000,000 in 1910, and the annual income at £7,650,000,000, compared with £3,332,000,000 in 1910.
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New Zealand Times, Volume XLVI, Issue 10613, 11 June 1920, Page 6
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138COST OF WAR New Zealand Times, Volume XLVI, Issue 10613, 11 June 1920, Page 6
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