Britain, France, and the Financing of the First World War
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An exploration of British and French efforts to juggle the demands of paying for a war of unprecedented cost and duration with the dictates of an allied coalition. Fighting the First World War consumed lives, material, and money. Millions died; more suffered. By the war's end, the political map of Europe had been redrawn as empires disappeared and new states arose. In Britain, France, and the Financing of the First World War Martin Horn traces the financial contours of the war, which crippled France financially, leaving Britain, itself weakened, to contest international financial leadership wi...
An exploration of British and French efforts to juggle the demands of paying for a war of unprecedented cost and duration with the dictates of an allied coalition. Fighting the First World War consumed lives, material, and money. Millions died; more suffered. By the war's end, the political map of Europe had been redrawn as empires disappeared and new states arose. In Britain, France, and the Financing of the First World War Martin Horn traces the financial contours of the war, which crippled France financially, leaving Britain, itself weakened, to contest international financial leadership with the United States, the principal beneficiary of the war. He shows that victory followed not only from the ability to arm and feed mass armies but also from the capacity to raise money.
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