Abstract

Just as the First World War changed the nature of European society and the shape of the map of Europe, so too did it transform Sir Charles Addis’s career. Since in time of war governments must raise huge sums of capital to pay for unusual military expenditures, they require expertise in the area of international exchange and capital mobilisation, and only those individuals familiar with the world of international finance and trade possess such expert knowledge. Thus in wartime, specialists in international exchange suddenly occupy positions at the hub of political decision-making, advising government leaders who usually only barely comprehend the complex world of international finance. And so wartime needs provide international financiers with unusual opportunities to exert political influence. Addis’s rare combination of financial and diplomatic ability quickly brought him to the attention of the most powerful political and business leaders in the country.

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