Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
History
Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
League of Nations; Treaty of Versailles (1919 June 28); World War, 1914-1918; World War, 1914-1918 -- Economic aspects; World War, 1914-1918 -- Finance
"'The present-day advance in the price of clothing in general
has not been proportionate with the advance of foodstuffs,
though it has been considerable, especially as to the cheaper
grades. Cotton shirts that sold for 48 cents in 1913 are now
bringing 90 cents to $1. Cheap hosiery has also about doubled
in value. Suits that formerly sold for $15 are now bringing
$17, which is about 10 per cent. advance. Cotton goods during
the Civil War were exceptionally high, owing to the difficulty
of procuring the staple. After the stocks on hand at the
beginning of the war were exhausted, New England mills shut
down because of inability to get supplies. In 1864 raw cotton
ruled at 72 cents per pound, while at one time it touched
$1.90. Cotton goods of all kinds were therefore extraordinarily
high.'
[Illustration: Plowing by Night
The number of men drawn from Great Britain into the army and navy during
the war was about 5,000,000. This meant extraordinary efforts of
production were necessary on the part of those who were left behind. By
means of a motor tractor and an acetylene gas generator, the owner of
the farm shown above was able to run day and night shifts.
Copyright Underwood & Underwood]
"The public spirit manifested at present is much more admirable
than that displayed in the '60s, as shown by the following
first-hand description of life in those days, as compared with
what we see on every hand today. Said the New York
_Independent_ of June 25, 1864:
"'Who at the North would ever think of war if he had not a
friend in the army or did not read the newspapers? Go into
Broadway and we will show you what is meant by the word
"extravagance." Ask Stewart about the demand for camel's-hair
shawls and he will say "monstrous." Ask Tiffany what kind of
diamonds and pearls are called for. He will answer "the
prodigious, as near hen's-egg size as possible, price no
object." What kind of carpetings are now wanted? None but
"extra." Brussels and velvets are now used from basement to
garret. Ingrains and three-plys won't do at all.
"'Call a moment at a carriage repository. In reply to your
first question you will be told, "Never such a demand before,
sir." And as for horses, the medium-priced $500 kind are all
out of the market. A good pair of fast ones, "all right," will
go for $1,000 sooner than a basket of strawberries will sell
for four cents. Those a "little extra" will bring $1,500 to
$2,000, while the "superb" 2.40 sort will bring any price among
the high numbers.'"
GREAT BRITAIN'S PRODUCTIVE POWER
To appreciate what industrial mobilization meant in England the best
method is to start with the figures on national production taken from
the British census of 1907, the last accessible for the peace period:
Public-domain text, read in full here on John Shaqi.
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