The Hawaiian gazette., 1915-08-03

Belloc, the English military writer,
said Germany potential manhood for
actual Sighting probably had diminished
from all causes by nearly one half In
the first year of the war, and asserted
a conservative estimate was that Ger,
many had much nearer 10000 than
5000, 900 men permanently out of the
field. Estimates of the total casualties
run from 5000, 000.fto S,OOO,OOO With
the former figure probably conscrva-
tive. 1G[. ~
Money Spent BY Billions ~.
The cost in money runs to a similarly
huge total. Great Britain is now spend.
ing about $15,000,000 a day on the war,
according to Premier Asquith. Albert
Netin, general budget reporter Of the
French Chamber of Deputies, calculates
the war is costing France $4,000 a
minute, or $l4,400,000sa day. William
Michaelis recently estimated the daily
cost to Germany at $3.50, OaO, saying
forty days of this war cost as much as
the whole Franco Prussian war of 1870.
1. in March Dr.. Karl IIelfTerich, Sec
Rotary of the Imperial Treasury of Ger.
many, said the war was costing all bel
ligcrents 1876, 100000 a week. ii.
On the basis of Doctor Helfferich 3
estimate, the first year of the war cost
the stupendous sum of 81 800, 600, 600.
Mr. ,Michaelis puts the figure at 10 bill
hons of dollars, not tincluding Italy IS
lcxpeDditurcs; sum more than so per
cent greater than the sgold production
of the world during the last 500 years.
Other estimates run tstiil highes, to
twenty billion dollarsIIor more q ( ''A
Property Loss Enormous g p
In addition to the money expended
directly on the war, the loss in destFuc-
ton of property on land and sea has
run high into the millions. Great losses
are being occasioned by the cessation
Of curtailment of many forms OF pro
ductive industry. The energies of the
world have been largely diverted to
making war. Factories Of all sorts
have been turned over TO the making
of war munitions, men taken from min
and field, to be replaced by women, old
men and children. Economists assert
that for generations to come the world
will feel the effect of the huge losses,
in the burden of taxation and ether
wise, and sociolOgists make conflicting
predictions as to its moral, physical
and psychological effect on generations
living and TO come. ~ Be.
Ncutrals Affected -....G 'H''
Neutrals as well as belligerents have
been affected. The financial stringen-
cy which followed the outbreak OF wal
was world wide. The United States, in
common with other neutraIs, has been
confronted with the threatened Rbridge-
ment of its rights, particularly at sea,
and has sent notes of remonstrance to
England and Germany, the compiled.
tions with the latter country following
the sinking of the l.usitania giving eB
pecial concern.
The war has been attended with
many unexpected features, one OF
which is its protrartlOn. IL had been
believed that such struggle would be
of comparatively short duration, on ac-
count of the cost and loss of life II
would entail. At the outset il was
commonly said that within less than a
year the nations involved would be
compelled to seek peace through fnan.
leial exhaustion, if for no other reason.
While each side has won its victories,
no final results have been Ieached In
any of the eamnaigns, with faW minor
exceptions OF the lesser operations In
distant colonies over the greater-part
of the Franco Belgian front the oppos.
ing millions are facing each other in
the same positions as last SePtembeg.
Movements on the eastern front have
been wider, but with no signst of an
approaching decision. 1E VIZ
Germans Partial Success -
The German plan in generally assum.