WAR THE MONEY-EATER

Hawera & Normanby Star, Volume LXIX, Issue LXIX, 27 May 1915, Page 2

WAR THE MONEY-EATER

A capital loss of BQOO million pounds, should the war last only eighteen months, has been prophesied by Mr J. Annan Bryce, M:P: He adds that the present; expenditure could not, if the war lasted only eighteen months, fall short of 0000 million pounds. '*'■ ' The expenditure by neutrals, said Mr Bryce, added another 100 millions; the destruction of property 1000 millions; the loss of non-creation of wealth from the labor of at least 12 million fighting men for eighteen months at the low estimate of £50 per man another 600 millions; and the permanent loss by non-creation of wealth of 4 millions of fighting men, another 1000 millions..