He said that in one of his offices, of 80 men eligible for the work, 78 had enlisted, and, what was wonderful, the women were glad to take up the heavy work abandoned by the men,--something they would have refused to do in all ordinary times.

On the whole, the output of this concern and its efficiency were materially increased, not diminished, by the war.
It is figured that troops at the front mean an expenditure of one pound per man per day, and that English troops in training mean an expenditure of not less than ten shillings per man per day.
The war expenses of Great Britain must thus be above one million pounds per day and steadily increasing.

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.
The income tax, which began in 1842 at two pence in the pound, has now been doubled from one shilling and three pence to two shillings and six pence in the pound.

This is on the average, and takes nearly one eighth of a man's income.

There are very great variations in this tax.
The rate I have given is the rate on dividends.