The Indemnity and Its Effects on Trade

The Indemnity and Its Effects on Trade : A Memorandum Prepared by the New Commerce for the British National Committee (Classic Reprint)

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Excerpt from The Indemnity and Its Effects on Trade: A Memorandum Prepared by the New Commerce for the British National Committee What goods Great Britain would require from Germany could not easily be estimated beforehand, because her demand for extra goods would arise from the remission of taxation attending the receipt of reparations, and might be divided into a great variety of small items. If the Chancellor of the Exchequer budgets for 50 millions from Germany, he can raise 50 millions less from the British public in taxation. The 50 millions which would have gone in taxes could be used by this public in buying extra German exports, the sale of which enables Germany to pay the aforesaid 50 millions reparations to Britain. 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.show more

Product details

  • Paperback | 22 pages
  • 152 x 229 x 1mm | 45g
  • Forgotten Books
  • United States
  • English
  • black & white illustrations
  • 0243297734
  • 9780243297733