Can Our Industrial System Survive Being a Treatise On the European Financial Cr
Can Our Industrial System Survive Being a Treatise On the European Financial Cr
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In our eReader you can find the full English version of the book. Read Can Our Industrial System Survive Being a Treatise On the European Financial Cr 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 Can Our Industrial System Survive Being a Treatise On the European Financial Cr
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To quickly assess the difficulty of the text, read a short excerpt:
render the same amount of services as heretofore. Thus when peace was declared: (a) She was short of finished goods to exchange for raw materials ; (b) She had lost her overseas investments ; (c) Her financial and commercial system was shattered ; (d) Her mercantile marine was reduced ; (e) She had contracted war loans abroad which required exports to pay their interests ; (/) And these war loans, unlike industrial loans, could earn nothing themselves.
Summarised in this way, we can see that Eu...rope had already violated most of the fundamental economic laws on which her industrial system was based, and would have been in a most unsatisfactory condition, even if her agricultural production and natural resources had remained as well organised as in 1913 ; but this was not the case.
Millions of healthy men, the pick of the population, have died during the war, and millions more have been crippled. The efficiency of many of the remainder has been seriously impaired, and the regular habits of a lifetime have been broken.
What to read after Can Our Industrial System Survive Being a Treatise On the European Financial Cr?
You can find similar books in the "Read Also" column, or choose other free books by J S M John Sebastian Marlow Ward to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
render the same amount of services as heretofore. Thus when peace was declared: (a) She was short of finished goods to exchange for raw materials ; (b) She had lost her overseas investments ; (c) Her financial and commercial system was shattered ; (d) Her mercantile marine was reduced ; (e) She had contracted war loans abroad which required exports to pay their interests ; (/) And these war loans, unlike industrial loans, could earn nothing themselves.
Summarised in this way, we can see that Eu...rope had already violated most of the fundamental economic laws on which her industrial system was based, and would have been in a most unsatisfactory condition, even if her agricultural production and natural resources had remained as well organised as in 1913 ; but this was not the case.
Millions of healthy men, the pick of the population, have died during the war, and millions more have been crippled. The efficiency of many of the remainder has been seriously impaired, and the regular habits of a lifetime have been broken.
What to read after Can Our Industrial System Survive Being a Treatise On the European Financial Cr?
You can find similar books in the "Read Also" column, or choose other free books by J S M John Sebastian Marlow Ward to read onlineMoreLess
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