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Updated: June 13, 2025
The numerous war-mutilated accepted it with much enthusiasm, and the people listened, open-mouthed, to the endless series of promises. Hughes, who was at bottom in good faith, developed the thesis which he afterwards upheld at Paris with logical precision. It was Germany's duty to reimburse, without any limitation, the entire cost of the War: damage to property, damage to persons, and war-cost.
Indeed, the best economic estimate I have of the cost of the war to England is 500,000,000 pounds the first year. While the English declare that they are fighting for their children and their grandchildren, they are not willing to leave to them the full load of the war-cost, and gladly do they assume all possible burdens in the present time.
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