British and Allied war finance, 1916-1918

LONDON WAR LOAN CAMPAIGN: The lord Mayor listen s to the band of the Coldstream G uards on the steps of the Royal Exchange

This week's chapter examines British finance from January 1916 to September 1918, the growth of war expenditure, higher taxation, methods of borrowing, sales of Exchequer bonds, expansion of floating debt, national war bonds, borrowings abroad, United States loans to Allies, British and Allied borrowings in South America, Switzerland, Japan and Spain, British loans to Allies and Dominions, growth of the British National Debt and the rise in the cost of living.

A great step forward in propaganda and organization was taken in 1918. Methods of publicity were revised, and the poster appeals were made more personal and much more incisive. "War Bond Weeks" and "War Weapons Weeks" were instituted with extraordinary success. Cities and towns vied with one another in the amounts they could raise in specified periods, usually a week or a fortnight

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Гроші в україні - експозиція Національного історичного музею