War Debt Quotes



The profits that England made on the North American Colonies and the Caribbean were very large. 10 years before the American Revolution most sophisticated English politicians realized that and one of the reasons the British fought so hard to keep America from Independence was that money.


The railroads were nationalized for WWI and he ran them all as a government official. There have been political situations like this one where public opinion was so intense and extreme that any action that satisfied public opinion would have very negative aspects and/or be unrealistic or impossible while realistic solutions are unacceptable to public opinion. Usually, the reaction of the politicians is to punt and simply not deal with the issue or problem but claim that they are seeking a solution.