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Papers on Current Finance (Classic Reprint) - Softcover

Foxwell, H. S.

 
9781330804070: Papers on Current Finance (Classic Reprint)

Inhaltsangabe

Excerpt from Papers on Current Finance

The first paper, mainly historical and critical, deals with the war crisis and the financial emergency measures, and may be found a useful compendium for reference as to the general financial policy followed in a period which must always figure in world-history. It also recommends the now-accepted method of continuous borrowing, and concludes with a general estimate Of the economic and financial outlook.

In the second paper, the question of our financial resources is considered in more detail. After a brief sketch Of our previous loan policy, the method of continuous borrowing is further advocated and French experience is given in its support, as well as in favour of interesting, the small investor, and the people generally, in the war finance. A protest is made against the discouragement of private thrift, and the waste in public expenditure and the paper concludes with a few words on the necessity of heavy taxation.

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