The World in Chains: Some Aspects of War and TradeMavrogordato, John
Philosophy
The World in Chains: Some Aspects of War and Trade
Mavrogordato, John
Profiteering; War -- Economic aspects
Now as a form of destruction war is easily first. Quite apart from the
obvious destruction of commodities that takes place when a country is
ravaged and invaded, as in the case of Belgium and Northern France, it
should be remembered that the methods of supplying an army in the field
involve the sheer waste or destruction of very nearly half the food and
equipment provided.[42] This is not necessarily the result, as might be
expected, of official incompetence. It may on the contrary be the result
of official foresight, which must allow in warfare for all the changes
and chances of communication, and knows that it is better to waste a
million tons of beef than to risk the starvation of a single regiment.
Such waste, in other words, is a condition of warfare. Add to this the
preventive destruction of stores and baggage which takes place whenever
troops are compelled to retreat: in this way about a million pounds'
worth of stores were carefully burned before the evacuation of
Gallipoli; and not a hundred yards of trench is ever abandoned without
the jettison of about a hundred pounds' worth of equipment. Add to this
the fact that every shot fired, from the mere rifle bullet to the
largest shell, does a proportionate amount of material damage when it
finds its billet: the bursting of a six-inch shell will do, I suppose,
on an average, as much damage in half a second as an ordinary fire can
do in twenty-four hours. Add to this again the fact that the very force
which propels every bullet and every shell is released by destroying by
instantaneous combustion a certain amount of valuable chemical products.
Then, besides all this direct destruction of commodities which must
ultimately be replaced, or which at least some kind contractor may
plausibly offer to replace, consider for a moment the increased wear and
tear of every sort of equipment both civil and military, from
steam-rollers and rolling-stock to boots and bandages and
walking-sticks, which a state of war must involve. Or consider again
that the mere mobilisation of an army implies that several hundred
thousand men, whose annual income before was less than L100 a year, are
now living at the rate of L400 a year.[43]
Anyone who cares to examine in detail all these forms of waste and
destruction, and all these forms of unnatural and feverish consumption,
will begin to understand to what an extent war stimulates the demand by
which alone Trade can survive.
FOOTNOTES:
[Footnote 41: Also, of course, by the campaign for Preferential Tariffs,
which, it was hoped, would have increased consumption by excluding a few
foreign competitors from colonial markets.]
Public-domain text, read in full here on John Shaqi.
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