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Updated: June 19, 2025
It is quite true, as Mr Hoare says, that the return to peace conditions will be a gradual process, and that expenditure will not come back to a peace basis all at once. Demobilisation and other matters which were left, by our cheery Chancellor, out of the airy after-war balance-sheet that he so light-heartedly constructed, may cost £1000 millions or more before we have done with them.
The British, who had given particular thought to after-war aviation, immediately turned to converting all their valuable war material and experience into a national force which should assure England of the supremacy of the air as well as strength in her supremacy of the seas.
As was pointed out above, one theory of after-war needs maintains that the world will be so exhausted by this great struggle that it will have no enterprise and no energy left, and that capital will go begging. If this be so, we need not trouble to inquire as to whether the supply of capital can be made plentiful.
Each imagined that the war would further the chances of the future as they dreamed of it. If I had talked with capitalists there are none among French soldiers they would doubtless have insisted that after-war conditions were going to be easier, just as the "sans-sous" maintained that they were going to be harder and provocative of revolution. In a word, the wish was father to the thought.
In all these problems we have to look for the relative answer and to consider not whether England has suffered by the war, for it is most obvious that she has, but whether she will have been found to have suffered more than any competitor who may threaten her after-war position.
Consequently if Germany is able to obtain anything like the supply of raw material that she requires she will be able to get back to peace business much more quickly than any of her Anglo-Saxon enemies, and this is an advantage on her side which it would be unwise to ignore in considering the bad effects on her after-war activities of the very questionable methods by which she has financed and is financing the war.
You did not need to be a camel expert to know those great long-legged Syrian beasts for winners. They looked like the first pick of a whole country-side, as he maintained they were twenty-five of them in one string, representing an investment at after-war prices of the equivalent of five or six thousand U.S. dollars. "Who has been looted to pay for these?" asked Grim. "Allah!
She was not one of those befrilled, fashion-plate dolls that one meets at the after-war crushes and dances, but was austerely simple in dress, with a face which betrayed a spiritual nobility, the very incarnation of modern womanhood, alive with modern self-knowledge, modern weariness and modern sadness. Her beautiful hair, worn plain and smooth, was black as night wonderful hair.
They could tell tales worth inditing, those pillars and galleries that have witnessed all the major festivities of Punjab Anglo-India its loves and jealousies and high-hearted courage from the day of crinolines and whiskers, to this day of the tooth-brush moustache, the retiring skirts and still more retiring bodices of after-war economy.
In all this period of war and after-war service he has received no salary from government or relief organizations but, on the contrary, has given up a large income as expert mining engineer and director of mining companies. In addition, he has paid out a large sum for personal expenses incurred in connection with the work. The call was for the relief of Belgium.
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