For the transformer, when we assume ideal 100% efficiency, power in must equal power out. Therefore, V1*I1 = V2*I2.
So our set of equations is:
V1*I1 = V2*I2
V0 - V1 = I1*RT
V2 = I2*RL
Given values would likely be RL, V2, RT and V0. The unknowns are I1, I2, and V1. I2 is trivial, but the others are not. This is a challenging system of equations to solve, as you'll get a quadratic formula. I'm using software to assist, to show the results.
Let's apply a couple of sets of numbers.
Common to all:
V2 = 120V
RL = 144 Ohms
RT = 2000 Ohms
Consider two cases for source voltage. V0 = 1000 V and V0 = 10000V.
When V0=1000V:
V1 = 723.6 V
I1 = 0.1382A
I2 = 0.8333A
Power delivered to load RL = 100 Watts
Power loss in transmission line RT = 38.2 Watts
Total power produced at source = 138.2 Watts
Efficiency: 72.36%
When V0 = 10000V:
V1 = 9980 V
I1 = 0.01002A
I2 = 0.8333A
Power delivered to load RL = 100 Watts
Power loss in transmission line RT = 0.2008 Watts
Total power produced at source = 100.2 Watts
Efficiency: 99.8%
Now consider the case that the transformer isn't even present, but the transmission line resistance is just as high. The voltage still needs to be 120V at the load, to deliver 100 Watts. This means that the current both in the source and the load is 0.8333A, and in order to get through the transmission line resistance of 2000 Ohms, the voltage drop is 1667 Volts. Therefore, a total of 1787 Volts must be present at the source. In this example, a total of 1388 Watts are lost to the transmission line, so the efficiency of the whole system is 6.7%.
You can see that the lower you can make the current in the transmission line, the less voltage will drop across it, and the less power will be lost within it. To reduce the primary current, the voltage output of the primary circuit will have to increase, and the transformer will be there to step it down. Without the transformer (or a modern equivalent component taking its place), you can see that there isn't a way to reduce the current through the transmission line, as the full current would have to make it from source to load. The higher the primary voltage, the lower the primary current, and the less power is lost within the transmission line.