Abstract
War is a drain on resources, both of manpower and of materials. The object of government financial policy in time of war is primarily to ease the real drain by making its monetary counterpart work as smoodily as possible. In a long and brilliantly written book R. S. Sayers has provided a meaty account of Britain's financial policy during World War II. Any serious study of the problems of war finance or the financial history of World War II would do well to begin with this volume.
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