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HOW THE DEVELOPMENT OF CAPITALISM LED TO COMMUNIST REVOLUTION

Japan it had been multiplied by 13. The armament dance became even more lively shortly before the war. France expended for war purposes £50,000,000 in 1910, and £74,000,000 in 1914. Germany spent £47,800,000 in 1906, and £94,800,000 in 1914; that is to say, the expenditure was doubled in eight years. Even more extraordinary was the British expenditure. In 1900 this amounted to £49,900,000; in 1910 it was already £69,400,000; in 1914, the figures were £80,400,000. In the year 1918 the naval expenditure of Britain alone amounted to a larger sum than the total of what all the Powers had spent upon their fleets in 1886. As regards tsarist Russia, in the year 1892 the country spent upon armaments £29,300,000; in 1902, £42,100,000; in 1906, £52,900,000. In the year 1914 the Russian war budget amounted to £97,500,000.

Expenditure upon war purposes swallowed an enormous proportion of the national revenue. In the case of Russia, for example, one-third of the budgeted sum was devoted to armaments: indeed,

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