A Levy On Capital
A Levy On Capital
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In our eReader you can find the full English version of the book. Read A Levy On Capital Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Levy On Capital
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. £m 6, 000 £ m 12, 900 This figure oi £m 12, 900 for the estimated total post-war wealth of the country as a whole has to be compared with £ m 15, 500 the total estimated pre-war wealth, and shows a loss ol £m 2, 600. ' The country as a whole will therefore be poorer by about one-sixth of its pre-war substance. It will be poorer also by the loss of its sons who have perished on the battlefield and by the injury to many who return home ; these losses cannot be included here in any mere figure, ...but they must not be forgotten.
Confining attention to the purely material loss, it is im- portant to realize that the dimunition in aggregate capital wealth does not represent the total cost to the country of the war ; for a great part has been met out of income. As was pointed out in Chapters II and III, the people of the country have worked harder and have stinted themselves ; further, if the years of war had been years of peace several hundreds of millions would have been added to the accumu- lated wealth.
What to read after A Levy On Capital?
You can find similar books in the "Read Also" column, or choose other free books by Frederick William Pethick Lawrence to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
. £m 6, 000 £ m 12, 900 This figure oi £m 12, 900 for the estimated total post-war wealth of the country as a whole has to be compared with £ m 15, 500 the total estimated pre-war wealth, and shows a loss ol £m 2, 600. ' The country as a whole will therefore be poorer by about one-sixth of its pre-war substance. It will be poorer also by the loss of its sons who have perished on the battlefield and by the injury to many who return home ; these losses cannot be included here in any mere figure, ...but they must not be forgotten.
Confining attention to the purely material loss, it is im- portant to realize that the dimunition in aggregate capital wealth does not represent the total cost to the country of the war ; for a great part has been met out of income. As was pointed out in Chapters II and III, the people of the country have worked harder and have stinted themselves ; further, if the years of war had been years of peace several hundreds of millions would have been added to the accumu- lated wealth.
What to read after A Levy On Capital?
You can find similar books in the "Read Also" column, or choose other free books by Frederick William Pethick Lawrence to read onlineMoreLess
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