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community would have been enormously cheapened
If such a policy had been carried out the cost of the war to the
community would have been enormously cheapened. There need have been
no general rise in prices because there would have been no increase
in demand for goods and services. Anything that the Government
spent would have been counter-balanced by decreased […]

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already put the control of the greater part of the banking facilities
of England into the hands of five huge banks
Such are the effects which Mr Webb fears from the process which has
already put the control of the greater part of the banking facilities
of England into the hands of five huge banks. He thinks that these
things […]