The Children's Story of the War Volume 4 (of 10): The Story of the Year 1915Parrott, Edward
History
The Children's Story of the War Volume 4 (of 10): The Story of the Year 1915
Parrott, Edward
World War, 1914-1918 -- Juvenile literature
By the end of May the Government was seriously considering the
all-important question of money, and before long was urging on the
people the necessity of being as thrifty as possible, and of saving
every penny that they possibly could. Speakers went to and fro pointing
out that householders must avoid waste and stint themselves of foreign
goods if the nation was to have sufficient money with which to carry on
a long war. Those who saved money, and gave up the use of such things as
had to be imported from abroad, were doing a patriotic service, and were
casting the "silver bullets" with which the war was to be won. In many
thousands of homes these wise words were taken to heart; but, on the
other hand, many people who were earning high wages showed but little
desire to save. Something was also done to lessen the enormous sums
wasted on strong drink in this country every year, by restricting the
hours during which public-houses might be kept open, and by confining
the sale of spirits to certain fixed times. The King set a splendid
example, which was largely followed, by banishing strong drink from his
table altogether.
Probably you think that all this talk about exports and imports, and the
necessity for saving, is very dull, and you are eager to hear of
stirring deeds by land and sea. We shall come to them in good time; but
I must claim a little more of your patience before I begin the story of
the year's fighting. Always remember that when the money which a nation
possesses, or can borrow, gives out, it must cease to fight, and must
make peace with its foes. That nation wins which has money to continue
the struggle when the resources of its opponents are exhausted.
How do we obtain money with which to carry on the war? There is only one
place where it can come from, and that is from the pockets of the
British people. In time of peace the money for carrying on the
government is raised by various kinds of taxes. People with incomes
above a certain sum per year have to pay to the Government so much money
for every pound which they earn or receive from investments. Those who
have a lesser income do not pay what is called income tax, but you must
not suppose that they go scot free. Spirits, beer, tea, coffee, tobacco,
sugar, cocoa, dried fruits, and other things have to pay a duty--that
is, a certain sum is added to their price, and this sum goes to the
Government.
Public-domain text, read in full here on John Shaqi.
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