Modern Wars and War Taxes
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Excerpt from Modern Wars and War Taxes: A Manual of Military Finance
Recent discussions on armaments and kindred subjects have brought to light the curious fact that there does not exist in the English language a text-book of military finance. Every branch of military science has been diligently studied and exploited with this remarkable exception. So far as the writer is aware, no systematic attempt has yet been made to measure the financial strength of the great Military Powers. This book is the result of a modest endeavour to supply that defect.
Starting from the simplest and most essential form of the war problem, it shows that armaments are, in the present state of society, an unavoidable evil. It treats of sea power as the factor in the war problem which specially concerns the British people. What British arms have to defend and maintain at any cost is the British Empire.
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