THE COST OF ARMAMENTS
GREAT BRITAIN’S POSITION “Great Britain is the only country in tile world that lias made any serious attempt in the post-war years to reduce her expenditure of armaments,” says Mr George Glasgow, in the "Contemporary Review.” “How many people in Great Britain know what they are spending on armaments '! A British subject who earns say £SOO a year and pays say £SO a year in income tax, pays £6 of that lax on account of present armaments and £25 of it to pay for past armaments. Every time the clock ticks a second wo spend £4 on armaments. We spend more than £2OO a minute, nearly £500,000 a day on armaments. That is the situation in the only country in the world that lias tried to limit its expenditure on preparing for the next war. Concurrently Great Britain pays more than any other country toward the expenses of the League of Nations, toward the organisation which, in theory, is the alternative to the next war. Tiie League costs us, not £4, but less than £d a second.” G.P.
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Nelson Evening Mail, Volume LXIV, 20 June 1931, Page 7
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182THE COST OF ARMAMENTS Nelson Evening Mail, Volume LXIV, 20 June 1931, Page 7
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