The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-12-16
DOOM OF BRITAIN
WRITTEN ON THE WALL
DR.. Helfferich Tells Reichstag Belshazzar Lives Again
in Germany's Rival-Says Berlin's War Finance
Outstrips That of Allies.

tained by British money power. Eng
land formed her alliances and waSed her
wars for the most part with money. In
the present war also England hopes TO
proceed according to this method. but
our brave troops forced England to stalk
not only English money but English
blood.
"The raising of strong armies In
creased England's war costs boundlessly
and brought English finances to q state
which ID continually described by British
statesmen as extremely serious. with
tho shaking of the English financial
power the foundation OF the British En-
pire is tottering.
"Germany's relation to money Ii DIFF
ferent. She can bear to become poorer.
and always remain what she II. We
endured the Thirty Years war n the
Napoleonic vars. We were sucked dry.
p~lundered. beaten. cut up, but we always
worked u way out and grew together
again. But when the British Empire
has gone to pieces II will never rise.
yet this nation. England. pronounces
the outrageous words regarding a war
Of exhaustion. We know we possess
what we need to live and fight. Bread.
potatoes and other necessaries are
cheaper than In England or France.
The enemy shall know that We would
rather forego all abundance. bear all
hardship, thar suffer the enemy to
command US. The enemy shall know,
furthermore. that the sharp sword. the
unbroken ishting spirit and confidence
Of victory are at our disposal. The
German iron fist. which just now has
opened the Iron Gate OF the Danube
and opened a broad road to the East,
Ia ready IL our enemies wish to strike
anew.
Compares Methods.
Dr.. HelYerich gave n long COMPARE
son Of the successes Of Germany and
her foes in financing the war. HE
pointed "a that Germany had covered
the greatest part Of her expenditures
by long term loans. lie said that only
Great Britain, IN the other camp. had
had any success In doing this. A sec
ond pointed difference. said the speaker.
was that Germany hitherto had drawn
her funds almost exclusively from home
sources, while her opponents had been
forced to tap sources abroad. particu-
lariy the United States. A third point,
he said, was that the conditions OF each
successive German loan improved. while
the conditions Of the loans In enemy
countries had grown progressively
worse.
Or. HeIneflCn OcClATeu tUht STcn'
Britain had underestimate tho costs Ut
the war badly. He asserted that a
statement by Sir Edward Grey. British
Secretary OF State for Foreign Affairs,
ut M outbreak OF the war that the
conflict would impose hardly greater
sacrihces on Great Britain II she par
ticipa,ed than II she remained neutral
would scarcely be repeated now. He
said David Lloyd Georges idea at the
outset OF the war that. In accordance
with British traditions. 1t could be
financed to a large extent through extra
taxation had met with a stumbling block
in Parliament and that the taxation
proposals instead Of financing a ma.
terial part Of the war costs would
scarcely suffice to pay the !nteres;
burden.
After the session OF Xxi Monday,
with possibly "A sitting on Tuesday. the
Re!chstag will adjourn until Januar1
II. The Budget Committee probably
! will continue its sessions during the re-
, mainder OF the week and dispose OF most
OF its work.