Britons' willingness to pay more tax during the first world war put their country's credit on a stable footing to continue fighting.

Britons' willingness to pay more tax during the first world war put their country's credit on a stable footing to continue fighting. "Civic courage is as important in its sphere as military courage, and we may justly claim in this time of stress that we have not been found wanting in either of these virtues," said Britain's chancellor of the exchequer. From The Economist, 100 years ago this week