Financial Results of the War.

This article presents a table that shows the ratio of gold to currency notes in the principal countries of the world. It may be noted in this connection that since 1914 world paper currency has increased 600 percent, and the gold reserve only 40 percent, while the world national debts have grown from 40 billion to 260 billion since 1914. The face value of the paper currency of thirty leading countries was 7,250 million in 1914, 40,000 million in November 1918 and 50,000 million in December 1919. The Gold Reserve in the U.S. was 1,023 million in 1914 and 2,107 million in December 1919.