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War-Time Financial Problems

By Hartley Withers
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EconomicsHistory - Modern (1750+)

About This Book

The author analyzes government finance under the strain of modern warfare, explaining how fiscal policy becomes a tool for mobilizing resources and restraining civilian consumption to supply the armed forces. He evaluates alternatives to persistent borrowing, including direct taxation and a proposed levy on capital, and warns of the perils of currency inflation. The work surveys banking consolidation, company law reforms, and stock-market practices such as bonus shares, and contrasts proposals for state control of banking with private management. It also considers international currency stability, the use of foreign capital, and socio-economic schemes like guild socialism in the context of postwar reconstruction and taxation.

About the Author

Withers, Hartley portrait

Hartley Withers

Hartley Withers was a British author and financial expert known for his contributions to literature on finance and architecture. His notable work, "International Finance," explores the complexities of global financial systems, reflecting his deep understanding of economic issues. Withers also authored "The Cathedral Church of Canterbury," which provides a detailed description of the iconic structure and its historical significance, showcasing his interest in architectural heritage. Additionally, his book "War-Time Financial Problems" addresses the financial challenges faced during wartime, highlighting his expertise in economic matters during critical periods. Withers' writings continue to offer valuable insights into both financial and historical contexts.

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