Word: going
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Dates: during 1930-1939
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...means, tonnage. Thus, if the French Army needs 6-inch shells worse than the British need anti-aircraft shells, British factories will hustle the former instead of the latter. Or if Britain needs bottoms for Canadian wheat worse than France needs them for Algerian mutton, to Canada they shall go...
...support of her banking system and gold reserve was that France has called to the colors five men to Britain's one. While she holds the Maginot Line, Britain should protect the inner front. M. Reynaud and Sir John also agreed that just because there is a war going on-especially a standstill war where the real fighting is economic, by blockade and the capture of Germany's export markets-is no reason why business and commerce should not go ahead in both countries as normally as possible. Together they need as much foreign exchange as they...
Although M. Reynaud is known to believe in a "pay-as-you-go" policy as far as possible in this war, the real story of French war finances was not to be revealed until the Finance Minister presents the military budget, which will be drawn up every three months. Meanwhile, to defray the increased costs, both civilian and military, taxes went up. The so-called extraordinary income tax was raised from 2% to 5% on low incomes and to 15% on incomes above $155 monthly earned by male noncombatants of military age. Other new taxes included the upping of postal...
...semiofficial London Times two articles to which that august organ gave full space and a respectful editorial. His idea was that Britain should apply a forced loan scheme to all her income earners. As military production goes up in the Government-financed war cycle, production of consumer goods will go down, the cost-of-living will rise...
...knew she was working there and diligently swept up after her. What they did not know was that U-J5's mine-carrying capacity had been increased by 16 over older models. After they had swept up the supposedly correct number (20) of mines, they let their ships go out through the field and one of the extra mines blew up the cruiser Hampshire, with War Secretary Earl Kitchener aboard. Other submarine-mining triumphs of 1914-18 were sinking the British dreadnought Audacious off the Irish Coast; also S. S. Laurentic, with ?5,000,000 in gold aboard...