The Great Leviathan
We have already seen that London is absolutely larger in terms of population than any other metropolitan centre in the world.1 It is more populous even than the City of New York.*
To grasp the true significance of London we must, however, see it in relation to the rest of the country. Thus, Greater London consists of a territory which comprises rhrth part of the area of Great Britain, and within that territory is one-fifth of the population of Great Britain and almost a quarter of its rateable value.3 If we take the London Passenger Transport area as our unit of measurement, we have an area slightly more than i^jth part of Great Britain containing a third of the entire rate
able value of the country. The value of insured property in London reaches the enormous figure of £2,275,211,661.* It is abundantly clear that London contains a disproportionately large share of the national wealth and population. It includes relatively a far larger proportion of the nation than is to be found in any other city in the world.