The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1914-08-18
Europe Will
Long Stagger
Under War Debt

nguring upon the cost of the Europ-
can war In cash, not to speak of the
destruction Of lives and property are
willing to concede that the daily ex-
pense will not fall far short of $50.
100000 a day, or $1S,25O, O0O 900 for
one year, IL hostilities endure for that
period. Expert opinion upon this
point, however, SO far as TIE Herald
is able to learn Is divided, some main
tanning that peace will follow the first
important land or sea engagement,
while others predict that the struggle
will be fought to finish.
The loss Of untold thousands of
lives Of young men who are needed
in the fields and workshops of Ger.
many, France, Austria, Russia and
Great Britain, the nations engaged in
the greatest war in history, will be
equivalent, experts say to the loss OF
billions of money in the Gripping of
industries all over Europe. The de-
struction Of property of all kinds To-
Gated in the pathway Of the contend
ing armies, not to speak Of the de-
struction of costly war ships, will
foot up high in the billions. but how
high even the most imaginative ex.
pert refuses to venture an opinion.
When 1t is considered that In tbir-
teen years the cost Of maintenance7of
the armies and navies Of the coun'
tries at war, as we'll as the cost oil
naval construction, has exceeded w.
600 900 900, some idea may be had OF
the expense attached to war and the
preparations of European countries
for Just such contingencies as arose
in Europe last week. The cost OF tho
Panama Canal, one Of the most usetu'
aids tn the commerce Of the worih
WAS approximately $37O,Ooo,OoO na'
The e.pense Of the preparations Tor
war in Europe during the time 1t TOOK
70 build the canal exceeded the cost
M this gigantic undertaking near'y
sixty to one.
eiva, Nations Spend Vast Sums
The wealth Of the five nations az
war is estimated at $27o,ooo'ooV'Vo'
and in thirteen years the cost OF main
tenance of armies and navies, naval
construction and the like exceeded
500 900 900 900 or about thirteen PEI
cent of the total wealth Of the coun
tries involved. The same money II
spent in the construction Of railroads
and extension Of merchant marine
would have made all Of these nations
commercially tho most powerful In
the world.
Englands great navy OF 579 wal
ships, of which fifty-eight are battle
ships and fifty-one cruisers, with foui
teen dreadnaughts now under con
struction, was built up ut cost Of
many billions of dollars. Naval con
struction in the last twenty-five years
has undergone sweeping revolutions
So that year by year the British gov
eminent was compelled TO replace III
obsolete war ships with fighting ma
chimes which embraced all the lates
ideas suggested by experience ant
approved by the naval experts.
The expense of construction wa
enormous and from 1900, when s4s'
$40 900 was voted for new construe
ton and armament, the expense IN
creased gradually year by year uh''
| $50, sos 900 was voted for the hsca
year 1894.
This activity in naval constructor
forced the other nations Of kurop
IN keen pace proportionately. ines
amounts have been expended by III
various countries for naval const'u'
ton and armament since 1900;
| Great Britain @o'o'V ~
Germany ....''''''''''' 80 90
Austria ......'''''''''' 40
ri"" 2SS,6i5,OO
~ S2l46, 90