It was, in the first place, immensely wealthy, both at home
Citations (1)
- The Rise and Fall of the Great Powers whole source · open book
It was, in the first place, immensely wealthy, both at home and abroad, though the British Treasury felt itself under heavy pressure in the two decades before 1914 as the newer technology more than doubled the price of an individual battleship. Moreover, the increases in the size of the electorate were leading to considerable “social” spending for the first time.
chapter: The Position of the Powers, 1885–1914