The Spectator at war: Settling the bill
From ‘The Finance of the War’, The Spectator, 20 February 1915: According to Mr. Lloyd George’s estimate, the three Allied Powers together will have expended on war purposes by December 31st next something like £2,000,000,000. British expenditure, he estimates, will exceed that of each of the other two Powers by something between £100,000,000 and £150,000,000.
