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Updated: May 4, 2025
The sums proposed for new constructions in the year 1921-22 are 450 millions in the United States of America, 475 millions for Great Britain, 281 millions for Japan, 185 millions for France, and 61 millions for Italy. The United States of America and Great Britain are countries of great resources: they can stand the effort.
The debts of the various allied countries' to Great Britain on March 31, 1921, according to a schedule annexed to the financial statement for 1921-22, published by the British Treasury, came to £1,777,900,000, distributed as follows: France 557 millions, Italy 476 millions, Russia 561 millions, Belgium 94 millions, Serbia 22 millions, Portugal, Rumania, Greece and other Allies 66 millions.
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