The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1915-01-09
Austria, Servia Belgium.

austria, SerVla, Belgium.
The Austriaus have lost over 300.
600 men, Of whom Il Is estimated that
10000 have been killed. A recent dis
patch said that twenty divisions
on the Austrian side had been reduced
TO seventeen in order 10 bring the
units up 20 almost full strength.
Russia Is said 10 have 100000 Aus
trian prisoners and Servla 10000
while great masses Of Austrian and
Hungarian troops have crossed the
border into Roumania ana are internod
there
Servias casualties have been ap-
parently about 10000 and Austria
claims 70 have 10000 Servlan prison
ers.
Belgium has lost 10000 in killed,
$4,000 I'm wounded and $4,000 prison
crs, and, in addition, $4,000 Belglans
are intcrned in Holland. a grand total
of 10000, by far the highest proper
ton Of losses by any army
Cost Of the War In Money.
The only definite clew 70 the cost OF
the present war was given the other
day by Chancellor Of the Exchequcr
Lloyd.Goorsc when he stated that Il
was costing Great Britain 1925, 100000
a month Premier Asquith had pre-
yiously announced In the house OF
commons when asking for an addition.
al vote Of credit Of SLIPS 100000 that
the outlay was between $4,50O,O00 ana
$5,000O00 a day; hence Mr. Lloyd
Georges increased estimate caused
some surprise
But even his Ggure presumably does
not include the whole cost of the war
X Is impossible as yet 70 calculate
what Great Britain IS losing in trade
and industry Britain is E225,0O0O00
Isl 1925. 0O000O poorer by the war 90
date. Her expenditures seem largely
out of proportion 20 the number OF
men she has In the field, but that Is
accounted for by the heavier outgolngs
on her navy and the expenditure OF
her greatly increased army, which now
numbers 100000, and also that, un.
like the continental powers, she is
carrying ON extensive operations, either
offensive or defensive, practically all
over the world
The French financial experts state
that the war Is costing France $500,
100000 a month; therefore her outlay
has been S1,50OOO0.00O.
But the French financial loss from
the results of the war are vastly great
er than Great Britaln's because all her
industries except those Immediately
dependent upon war requirements have
been destroyed for the time being For
instance, it Isl estimated that I'm Lille,
RoubaiX and Ypres alone machinery
worth 100000 600 has been destroyed
or damaged by the Germans. and. OF
course, there is further loss by the
stopping OF all production In the occu
pied region which industriully is pcr
hans the most important IN France
Drain Upon Russia.
Financial experts say Russia cannot
be keeping her vast armies Ia Poland
and the Caucasus at a less cost than
$3.50 100000 q month ana that 20 make
good Der losses ia material she must
incur ma increasing charge as war pro
ceeds
But Russia has not suffered anything
Hike the Industrial losses of France.
and her business Is going OH pretty
much as usual outside the war zone
Sun the war cannot have cast her
much under S2000O0O000 i'm the Grst
five months
Germany S war expenditure has not
been officially Indicated, but Il is cal
culated 10 be- approximately the same
as that of France S3O0OO0,o00 a
month including Der payments 90 Tur
key
But thc cost of waging war ls be-
coming progressively greater 10 Ger
many owing To the increased values
Of an WaF munitions as well as OF
provisions aud she suffers from the
same paralysis " production MS France
In the Hgst five months Germany
has spent, according TO such DATA as
are available. more than Si500.OJU.O00 /
Dn the fighting. apart from her LOSSES
In trade
Austrins affairs are in such utter I
confusion that even her finance min
ster could uot give any reliable In
concerning her expenditures.
which may be- estimated at Sl.O00OO0.
300 az least
Holland Italy. switzerland. Bulgaria
md Ronmuula arc an mourning heavy /
liabilities in connection with tire com 4
llctc nr partial mobilization of lhpir 4
irmies han the actum outlay by
countries does not complete
he tale pf financial woe arising from
DIS unprecedented struggle
viva italia" ushcrs in New year
4 unique wny uf celebrating me en
.ry ~ fhe uew ycaf took place 81
Rome l'rutily TIE event hos BEEN eel
,bratcl by thc explosion of dfcwOrs
az