In the decade that followed, the heaviest increase in per capita national debt occurred in Great Britain, where by 1938 the figure reached the extraordinary total of $1,014.50, by far the largest per capita national debt in the world, si: Canada was second with $602.70, the United States third with $432.65, France fourth with $414.17, Germany fifth with $192 and Italy sixth with $178.50. The low figure for Germany in part was due to the fact that post-War inflation virtually wiped out her pre-Wer debt and the debts incurred during the First World War, Taken in percentages of national income, France was collecting in taxes 23.3 per cent. (1997), the United States 224 per cent, the United Kingdom 21.7 per cent, and Canada 20,7 per coni, Germany, be it noted, led the list with 262 per cent,
Text read from the printed page and cleaned; old type leaves the occasional error.