86
APPENDIX
Comparative Gold and Dollar Resources(1914 and 1939)(U.S. Federal Reserve Bulletin: Approx. figures in millions
of dollars)
Total Gold and Dollar
Central
Monetary
Dollar
Resources
Gold
Gold out-
Resources
Reserves
side Cen-
tral Re-
serves
1939
1914
1914
1914
1914 1
United
4,230
3,365
165
600
2,600
Kingdom
3,580
2,045
680
965
400
Canada
1,630
115 2
115
—
2
Total
9,440
5,525
960
1,565
3,000
Germany
160
1,505
330
475
700
APPENDIX III
THE COST OF FAMILY ALLOWANCES
In round numbers there are 10,000,000 children in the countryup to 15 years of age. Thus the gross cost of a weekly allow-ance of 5/- for every child, i.e. an annual allowance of £13,is £130,000,000. A more exact estimate is £132,000,000. Thereare, however, some important offsets against this, as follows:—
(1) About £20,000,000 of the above cost is in respect of childrenof income-tax payers. It has been assumed above as a roughapproximation that the existing income-tax allowancesalready cost as much as the new allowances which will taketheir place; so that there is no additional cost on this head.
(2) In 1937 there would have been the following saving inrespect of existing allowances:— £
Ordinary pensions . . . 2,500,000Unemployment Benefit . . 2,750,000Unemployment Assistance . 8,500,000
13,750,000
1 Estimates given in Review of Economic Statistics, Vol. I, p. 230.Much higher estimates were given by Sir G. Paish in 1910 before theU.S. National Monetary Commission. But the above take accountof later information and are more reliable.
2 Gold only.