valuing an American or a British life at a higher figure than a French or an Italian. The French rate for Pensions and Allowances is at an intermediate rate, not so high as the American or British, but above the Italian, the Belgian, or the Serbian. The only data required for the calculation are the actual French rates and the numbers of men mobilized and of the casualties in each class of the various Allied Armies. None of these figures are available in detail, but enough is known of the general level of allowances, of the numbers involved, and of the casualties suffered to allow of an estimate which may not be very wide of the mark. My guess as to the amount to be added in respect of Pensions and Allowances is as follows:
| British Empire | $7,000,000,000 | [106] | |
|---|---|---|---|
| France | 12,000,000,000 | [106] | |
| Italy | 2,500,000,000 | ||
| Others (Including United States) | 3,500,000,000 | ||
| Total | $25,000,000,000 |
I feel much more confidence in the approximate accuracy of the total figure105 than in its division between the different