Excerpt from The Balance Sheet of the Nations at War On the other hand, the combined debt of the Entente Allies is only per cent of their wealth, while the combined debt of the Teutonic Allies is per cent of their wealth. Interest charges upon the debt of the Entente Allies is per cent of their national income, while that of the-teutonic Allies is l per cent of the national income. While exact figures are not available, it is a well known fact that the surplus food producing sections of the world are practically all controlled by the Entente Allies either directly or through their control of the seas. The same thing is true to a very great extent in regard to the metals and coal. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from The World's War Debt: A Record and Analysis of the Financial Obligations Left by the War, in Their Relation to the World at Large For the present, therefore, the balance sheet of the war is an obscure one, with the losses tangible and the gains yet to be fully determined. In this volume we have sought to deal with a single item on the tangible side of the war's balance sheet - that item which is made up of the indebted ness of the nations. The reader will find in the following pages material that has been brought together for the pur pose of information. The need for a statistical summary of the finances of the recent struggle was the sole incentive in carrying out the work. It is hoped that what we have done will prove to be of real and lasting value. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from How to Understand the Balance Sheet and Other Periodical Statements The general public by no means thoroughly comprehend such documents, nor can it reasonably be otherwise expected; these accounts are Of necessity far from being Of a simple nature, though it would seem that many of those who know the least of scientific book-keeping and accounts discourse the most Of the simplicity Of such matters. The public at large, however, do not in the first place rightly grasp the principles upon which thedifferent accounts are constructed, whilst confusion is added by the pitfalls that some Balance Sheet items provide on sundry occasions for the uninitiated. To this need of information may in no small degree be ascribed the listless attitude characteristic of Shareholders in Limited Companies, to whom these explanations it is hoped will be especially useful. The want of confidence in one's self to form a reliable opinion upon a technical document whereby one is more or less confused is a serious obstacle which it is the writer's aim to remove. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Report to the Nation: The American Preparation for War We have been at war for more than a month. American soldiers and marines have fought at Wake Island, Guam, Midway, and the Philippines. The Navy has gone into action in the Atlantic and over the broad stretches of the Pacific. There have been defeats. But this much our small forces on our island outposts have demonstrated: We have an Army and a Navy that can fight. It is only the beginning. In his address to Congress on the State of the Union, the President said that American sea, air, and land forces will take stations in the British Isles. They will be protecting the Western Hemisphere. They will be operating throughout the Far East, and on all of the seven oceans. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Paying for a World War: The United States Financing of World War II The Treasury's war finance operations were the product of experience reaching back to the American Revolution, during which the earliest attempts were made to sell government securities to the public. Not until the Liberty Loan and War Savings campaigns of World War I, however, was any program developed likely to achieve the goal which the Secretary of the Treasury had in mind at the outset of World War II. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.