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Great Britain after the war
Image 26
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Webb, Sidney, 1859-1947. Great Britain after the war - Image 26. 1916. Special Collections, University of Houston Libraries. University of Houston Digital Library. Web. October 20, 2020. https://digital.lib.uh.edu/collection/scpamp/item/2338/show/2279.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Webb, Sidney, 1859-1947. (1916). Great Britain after the war - Image 26. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from https://digital.lib.uh.edu/collection/scpamp/item/2338/show/2279

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Webb, Sidney, 1859-1947, Great Britain after the war - Image 26, 1916, Socialist and Communist Pamphlets, Special Collections, University of Houston Libraries, accessed October 20, 2020, https://digital.lib.uh.edu/collection/scpamp/item/2338/show/2279.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Title Great Britain after the war
Alternative Title Great Britain after the war, by Sidney Webb and Arnold Freeman; being facts and figures, quotations and queries, suggestions and forecasts, designed to help individual inquirers and study circles in considering what will happen after war with regard to trade, employment, wages, prices, trade unionism, co-operation, women's labour, foreign commerce, the railways, the coal supply, education, taxation, etc. Dedicated to the Workers' educational association
Creator (LCNAF)
  • Webb, Sidney, 1859-1947
Publisher G. Allen and Unwin
Place of Creation (TGN)
  • London
Date 1916
Subject.Topical (LCSH)
  • World War, 1914-1918
  • Economic policy
  • Economics
Subject.Geographic (TGN)
  • United Kingdom
Genre (AAT)
  • pamphlets
Language English
Type (DCMI)
  • Text
Original Item Extent 80 pages; 22 cm.
Original Item Location HC256.2.P27
Original Item URL http://library.uh.edu/record=b8302906~S11
Original Collection Socialist and Communist Pamphlets
Digital Collection Socialist and Communist Pamphlets
Digital Collection URL http://digital.lib.uh.edu/collection/scpamp
Repository Special Collections, University of Houston Libraries
Repository URL http://libraries.uh.edu/branches/special-collections
Use and Reproduction This item is in the public domain and may be used freely.
File Name index.cpd
Item Description
Title Image 26
Format (IMT)
  • image/jpeg
File Name uhlib_781144_025.jpg
Transcript 24 GREAT BRITAIN AFTER THE WAR, 2. Some of the Causes. (a) The Cost of Production has risen through— 1. Increased cost of raw materials, components, and all the adjuncts of manufacture. 2. Increased freights and insurance by sea, and increased cost of carriage by land (including increased delays and difficulties of transport). 3. Increased interest on capital borrowed, and increased cost of insurance. 4. Increased difficulty in obtaining an uninterrupted and sufficient supply of materials and of some kinds of labour. 5. Rise in the rate of wages, and, therefore, so far as output has not been increased, of the cost of labour. (b) The Currency has been inflated by— 1. The issue of Currency Notes. 2. The expansion of Bank Credit as the result of the War Loans and Government advances. 3. The great increase in paper money in France, Russia, Italy, etc., which affects us through the Foreign Exchanges. (c) But prices have risen in most commodities to a level beyond that for which mere extra cost of production can be held accountable. Why? / 1. As the Committee on the Retail Prices of Coal pointed out, when there is a shortage of any commodity, consumers compete for the supply, and thus prices are apt to rise quite out of proportion to any change in the cost of production. 2. Largely by taking advantage of this tendency, producers can often exact a " monopoly ' price for their goods or services (e.g., merchant shipping.) The Commercial Attitude.—" The opportunities now open to British shipping are obvious. There are no more cut- rates by subsidjsed German vessels. German ships being swept off the sea, we have now no serious competitors in the carrying trade of the world.' (" Journal of Commerce," Nov. 2, 1914.) The Attitude of Labour.—" If a section of traders would not co-operate in the national crisis, and insisted upon taking advantage of the opportunity which the war created, then the Government should step in and deprive them of their chance. There was now as great a demand for labour as there was for food, but if workmen made any corresponding exaction to ■ t ¥ I