Bisbee daily review., 1915-08-01
FIRST YEAR OF EURO.
 PEAN WAR AT ITS END
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 ed, wounded and missing, 2.000 a day On June g Premier Asuuith announced that British casualties since the be- ginning Of the war (excluding naval losses Of 13,549 up to May 31) amount ed Co 25SO69, of which the total of killed was 50,342
 The losses of Germany, France and Russia, by reason of their larger arm ies have been far greater The Heer und Politik of Berlin early in June estimated that more than 5000, ,OOO soldiers of the countries at war with Germy and her allies have been kill ed. wounded or captured Hailaire Belloc, the English military writer, said Germany's potential manhood for actual fighting probably had diminish ed from all causes by nearly one-half in the first year of the war, and assert ed a conservative estimate was that Germany had much nearer 4.0OO,O0O than 3000,000 men permanently out Of the field. Estimates of the total cas- ualities run from 6000,O0O to 5000 900 with the former figure probably conservative
 The cost in money runs to sim ilarly huge total Great Britain is now spending about $15,0OO.OO0 a day on the war, according to Premier Asquith. Albert Metin. general budget reporter of the French Chamber of Deputies, calculates the war is costing France S1O,000 a minute, or S144OOOOO a day. William Michaels recently estimated the daily cost to Germany at $S,25O.- 900. saying forty days of this war cost as much as the whole Franco-Prussian war of lS7O-1 In March Dr Karl Helfrch, Secretary of the Imperial Treasury of Germany. said the war was costing all belligerents $375 1000, GOO week.
 tolOn the basis of Dr. Helnrichs esti- I1ta the first year of the war cost the stupendous sum Of $ll, soc, 100000 MT. Michaelis puts the figure at l5 bill lions of dollars. not including Italy's expenditures; a sum more than 50 per cent greater than the gold pro duction of the world during the last 500 years. Other estimates run still higher. to 20 billion dollars or more.
 In addition to the money expended directly on the war the loss in de struction of property on land and sea has run into the millions Great loss es are being occasioned by the cessa- ton or cuuailment of many forms of productive industry. The energies of the world have been largely diverted 10 making war Factories of all sorts have been turned over to the making of war munitions, men taken from mill and field to be replaced by women, old men and children. Economists as- sert that for generations to come the world will feel the effect of the huge losses. in the burden of taxation and otherwise, and sociologists make con ficung predictions as to it's moral, physical and psychological effect on generations living and to come
 Neutrals as well as beIligerents have been affected The financial stringency which followed the out break of war was worldwide. The United States, in common with other neutrals. has been confronted with the threatening abridgement of it's rights. particularly at sea, and has sent notes of rcmonstrance 10 England and Ger many, the compilations with the lat ter country following the sinking of the Lusitania giving especial concern.
 The war has been attended with many unexpected features, one of which is its protraction It had been believed that such a struggle would be -of comparatively short duration, on account of the cost and loss of life it would entail At the outset it was commonly said that within less than a year the nations involved would be compelled to seek peace through fnan- ciar exhaustion, if for no other reason. While each side has won its victor ies no final results have been reached in any of the campaigns with a few minor exceptions of the lesser opera tions in distant colonies Over tho greater part of the Franco-Belglan front the opposing millions are facing each other in the same position as last September Movements on the east ern front have been wider, but with no