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nydus/The Economic Consequences of the PeacePublic
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Table of Contents

Remedies

Loans toBy United StatesBy United KingdomBy FranceTotal
Million DollarsMillion DollarsMillion DollarsMillion Dollars
United Kingdom4,210........4,210
France2,7502,540....5,290
Italy1,6252,3351754,135
Russia1902,840[162]8003,830
Belgium400490[163]4501,340
Serbia and Jugo-Slavia100100[163]100300
Other Allies175395250820
Total9,450[164]8,7001,77519,925

Thus the total volume of Inter-Ally indebtedness, assuming that loans from one Ally are not set off against loans to another, is nearly $20,000,000,000. The United States is a lender only. The United Kingdom has lent about twice as much as she has borrowed. France has borrowed about three times as much as she has lent. The other Allies have been borrowers only.

If all the above

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