To this must be added the loss of cargoes, the value of which is almost entirely a matter of guesswork.

An estimate of $200 per ton of shipping lost may be as good an approximation as is possible, that is to say $1,550,000,000, making $2,700,000,000 altogether.
An addition to this of $150,000,000, to cover air raids, bombardments, claims of interned civilians, and miscellaneous items of every description, should be more than sufficient,--making a total claim for Great Britain of $2,850,000,000.

It is surprising, perhaps, that the money value of Great Britain's claim should be so little short of that of France and actually in excess of that of Belgium.

But, measured either by pecuniary loss or real loss to the economic power of the country, the injury to her mercantile marine was enormous.
There remain the claims of Italy, Serbia, and Roumania for damage by invasion and of these and other countries, as for example Greece,[93] for losses at sea.

I will assume for the present argument that these claims rank against Germany, even when they were directly caused not by her but by her allies; but that it is not proposed to enter any such claims on behalf of Russia.[94] Italy's losses by invasion and at sea cannot be very heavy, and a figure of from $250,000,000 to $500,000,000 would be fully adequate to cover them.