WHAT THE WAR IS COSTING.
NINE THOUSAND MILLIONS A YEAR.
EXTENT OF THE WAR INDEMNITY.
LONDON, March 17. Mr. Edgar Crammond, addressing a gathering of the Royal Statistical Society, said that the cost of the war was £0,000,000,000 a year. Belgium's loss was £526,000,000, including £250,000,000 for the destruction of property. A year's war would cost Germany £2,775,000,000, including £958,000,000 lost as the result of decreased production, and £879,000,000, the capitalised value of human life. The cost of the war to Britain was £1,258,000,000 per year. A war indemnity sufficient to compensate the victors would have to be £4,500,000,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19150318.2.42.16
Bibliographic details
Auckland Star, Volume XLVI, Issue 66, 18 March 1915, Page 5
Word Count
99WHAT THE WAR IS COSTING. Auckland Star, Volume XLVI, Issue 66, 18 March 1915, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.