Judging from the British Government's reaction, they would most likely still choose to compromise with Australasia.
With just over a week remaining before Churchill returned to London, the British Government sent a diplomatic note to the Australasian ambassador to Britain to discuss the 1 billion Australian Dollar loan Arthur had mentioned.
At the current exchange rate, 1 billion Australian Dollars was roughly equivalent to 534.7 million pounds, already approaching one-third of the Island Nation's total GNP.
Seeing how swiftly the British people had acted, Arthur could not help admiring the size of Britain's economy and the inexhaustible wealth brought in by its vast colonies.
Considering the economic sizes of Britain proper and Australasia, their revenues should not have differed by much.
In reality, however, the British Government's revenue was more than twice Australasia's annual fiscal income. This 1 billion Australian Dollar loan amounted to less than a year's fiscal revenue for the British Government.
What had caused such an enormous gap in fiscal revenue between Britain and Australasia? Naturally, it was Britain's vast colonies, such as India, Canada, and South Africa.
According to Australasia's intelligence on India, India's grain output had exceeded 40 million tons the previous year—a horrifying figure.
By comparison, Britain's domestic grain output was only one-tenth of India's, while Canada's grain output was only about one-quarter of India's.
Such enormous grain production brought the British people virtually inexhaustible income. India had become Britain's most important colony on the strength of its highly developed grain production alone.
That was without even mentioning India's enormous population and its other abundant mineral resources.
However, precisely because India had such a huge population, even with grain production exceeding 40 million tons, it still could not meet the food consumption of the entire British Commonwealth.
As one of the world's major grain