Great Britain's War Expenses
The British Government has issued a White Paper estimating the cost of the war for Great Britain in the year ending March 31, 1919, at $12,750,000,000, of which $9,305,000,000 is allocated to navy, army, air service, munition and ordnance factories, $205,000,000 to pensions, $750,000 to National War Aims Committee; services not specified, (presumed to include shipping,) $500,000,000; Treasury loans, $1,750,000,000; Board of Trade, $265,000,000; wheat supplies, $230,000,000, of which $200,000,000 is the estimated loss on the sale of the 18-cent loaf of bread. Subsidies toward the sale of potatoes are estimated at $25,000,000; purchases of wool and other raw materials are put at $40,000,000, payment to railways at $175,000,000, and $25,000,000 for timber.