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the proposal
As to naval expenditure, here again we have bad finance writ large over
the proposal. It is not good business for countries to borrow in order
to increase their armies and navies in time of peace, and the practice
is especially objectionable when the loan is raised abroad. In time of
war, when expenditure has to be so […]

the street, they do not seem to be any excuse for those who are
responsible for our finance for their total lack of a thought-out
scheme at the beginning of the war, and their total failure to produce
one as the war went on
But if delusions of this kind may be fairly excused in the man in
the street, […]

dealt with, thanks to the energy and courage of Mr Lloyd George, who
was then Chancellor of the Exchequer, and saw that things had to be
done quickly, and took the advice of the City as to what had to be
done
But this opening crisis was a short-lived matter, and was promptly
dealt with, thanks to the energy and […]

The notice then proceeded to recite the terms of D.O.R.A. 30 F, of
which more anon. Next day came a supplementary announcement, ‘Serial
No. C 10938,’ as follows:–

In the 21st century, there is a great disparity between what different lending institutions charge in the way of interest.

necessary to remember that capital is an extremely elusive thing, and
that if too strict rules are laid down for it, it very easily evades
them by transferring itself to other centres
In any attempt that is made to regulate them, however, it will be very
necessary to remember that capital is an extremely elusive thing, and
that if too […]