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Updated: June 7, 2025


Some veterans of the 'eighties or 'nineties, fit only to sail under a foreign flag according to pre-war standards, may have been dug out of their obscurity to play their part in the war. And a very important part it is.

Even since 1914 the population of the United States has increased by seven or eight millions. As their annual consumption of wheat per head is not less than 6 bushels, the pre-war scale of production in the United States would only show a substantial surplus over present domestic requirements in about one year out of five.

Lloyd George now began to dilute the skilled forces with unskilled who included thousands of women. Right here came the first battle. Labour rebelled. It could find a way to get liquor but it resented dilution and cried out against capacity output. The Shell Master again became the Conciliator. He curbed the wild horses, agreeing to a restoration of pre-war shop conditions as soon as peace came.

For the rest, the pre-War period turned mainly on the fortnightly camps and occasional Regimental exercises. Salisbury Plain, the Isle of Man, Aldershot and a few North Country areas are full of memories of manoeuvre and recreation in a peaceful age. Regimental exercises filled weekends in Cheshire or the West Riding. Volunteering served many purposes in England.

Of course he had seen a face like that hundreds of times, in newsreels and news-photos, and, once in pre-war Berlin, its living double. Rudolf Hess. He wondered how much deeper the resemblance went, and tried not to let it prejudice him. Nelda greeted him with a trowelful of sweetness and a dash of bedroom-bait.

She was so clever and made such a name for them in Red Cross circles. The valentine episode was forgotten with other pre-war trivialities and she was reinstated in her old place of leadership. Mrs. Sutherland presided at all Red Cross meetings with something of the air of a Queen ruling a much limited monarchy, over which a strenuous and efficient Prime Minister is wielding unlimited power.

The statement is perfectly true on paper, and expressed in pounds sterling, but then the pound sterling of to-day is an entirely different article from the pre-war pound sterling.

It is well that we should realise, when we speak of those normal pre-war conditions, to which we hope some day to revert, that in a sense trade conditions never were normal; that, at any particular moment you care to take, we were either in full tide of a trade boom, with employment active and prices rising, and order books congested; or else right on the crest of the boom, when prices were no longer rising generally, though they had not yet commenced to fall, when employment was still good, but when new orders were no longer coming in; or else in the early stages of a depression, with prices falling, and every one trying to unload stocks and failing to do so, and works beginning to close down; or else right in the trough of the depression where we are to-day; that we were at one or other of the innumerable stages of the trade cycle, without any prospect of remaining there for very long, but always, as it were, in motion, going round and round and round.

The scarlet and gold of the Troopers of the Body-guard, standing motionless as brown statues, the mace-men with their gilt standards, the entry of the Rajahs, all in full gala costume, with half the amount of our pre-war National Debt hanging round their necks in the shape of diamonds and of uncut rubies and emeralds, the Knights of the Star of India in their pale-blue mantles, the Viceroy seated on his silver-gilt throne at the top of a flight of steps, on which all the Durbar carpets of woven gold were displayed, made, under the blaze of electric light, an amazingly gorgeous spectacle only possible in the East, and it would be difficult for any European to have equalled the immense dignity of the Native Princes.

The French Minister of Finances, for example, drew a bright picture in the Chamber of the financial side of the Treaty, so far as it affected his country: "Within two years," he announced, "independently of the railway rolling stock, of agricultural materials and restitutions, we receive a part, still to be fixed, of the payment of twenty milliards of marks in gold; another share, also to be determined, of an emission of bonds amounting to forty milliard gold marks, bearing interest at the rate of 2 per cent.; a third part, to be fixed, of German shipping and dyes; seven million tons of coal annually for a period of ten years, followed by diminishing quantities during the following years; the repayment of the expenses of occupation; the right of taking over a part of Germany's interests in Russia, in particular that of obtaining the payment of pre-war debts at the pre-war rate of exchange, likewise the maintenance of such contracts as we may desire to maintain in force and the return of Alsace-Lorraine free from all incumbrances.

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