Britain, France, and the Financing of the First World War

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Fighting the First World War consumed lives, material, and money. Millions died; more suffered. By the war's end, the political map of Europe had been redrawn as empires disappeared and new states arose. In Britain, France, and the Financing of the First World War Martin Horn traces the financial contours of the war, which crippled France financially, leaving Britain, itself weakened, to contest international financial leadership with the United States, the principal beneficiary of the war. Horn shows that victory followed ...

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