British finance of the war
Citation:Oldham, C.H. 'British finance of the war'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XIII Part XCVI, 1915/1916, pp317-328
My desire is to ascertain how the United Kingdom is financing this war; how is the money being found for the vast expenditure which is necessary; how much is being found by loans, and how much by taxation; and of the new taxation how much is direct taxes and how much is indirect taxes. To go into the particulars of four Budgets would be to get swamped in details. Accordingly I will ignore the division into separate financial years, and I will take the two years from April 1, 1914, to March 31, 1916, as one entire period, being four months of peace and twenty months of war.
World War One
Publisher:Statistical and Social Inquiry Society of Ireland
Series/Report no:Journal of The Statistical and Social Inquiry Society of Ireland
Vol. XIII Part XCVI 1915-1917
Description:Read Friday, February 4th, 1916