The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1916-04-30
WAR RA5SETS0F
UN|TEDSTATES
HEADL|
NO OTHER NATION ON EARTH
HAS AS MUCH ACTUAL MONEY
THAT COULD BE DUMPED IN -
WEALTH 100000, 100000.

Washington, April 29.-The assets
of the United States for the purpose
of making war may be summarized
as consisting of the following:
l. National credit-the ability of
our government to draw on private
money resources for mobilization OF
industry to a practically unlimited
extent No nation on the face OF the
earth has as much actual money az
it's disposal as the United States,
/ There is more gold in reserve. more
currency in bank vaults, and more
savings in the savings banks in the
! United States than in any other two
nations in the world.
2. Physical resources, including ore
| beds of the Messaba range in Mime
| sofa, the Alabama and Tennessee re-
gion, as well as those in Cuba. The
| Tennessee and Colorado ore beds are
| the greatest war asset, being least
! likely to fall into the hands of pos
sible enemy. The oil fields of Penn
sylvania, Oklahoma, Texas, West Vir-
ginia, Ohio and California.
3. The machinery and trained work
men capable of turning out steel and
| iron products. The total production
of iron ore in an average year in The
United States is approximately g.
0OO,OO tons; of pig iron, 100000
tons. and of actual finished steel out
put, 100000 tons. The Urlted
! States, Great Britain and Germany
are the greatest iron-working coun-
tries in the world, turning out be-
tween them 90 per ccIt of the total
product. The United States carries
fair share of this work and this
potentiality is the principal asset of
the nation for war making purposes,
4. Ability to produce food products
in quantities sufficient to sustain the
nation with a surplus. The United
States is a food-exporting nation
today.
5. Factories and workmen equipped
and trained to produce other things
| lust as necessary to war making, as
are powder and shells, namely cloth
ing, saddles and harness, wagons, au-
tomobiles, aeroplanes and all kinds
of machinery.
6. A transportation system which,
taken over by the government and
modified war purposes, would be
modified for war purposes, would be
and troops
7. A number of government arsen-
ais where are manufactured, under
expert officials, guns, ammunition
| clothing and war materials of all
kinds.
Under the war department, there
are arsenals located at Rock Island
! I'LL, Springfield, Mass, Philadelphla'
Pa. Watertown and Wateryliet ~
y. New York City, Augusta, Ga,
San Francisco, San Antonio, Texas,
and Picatinney Arsenal, Delaware.
Under the navy department govern
ment factories are located at INDIAN
Head. Md. for smokeless powder;
WASHINGTON. ID. c., where the naval
gun factory is located; Newport, X.
l.. for torpedo manufacture; Nor
folk. Va. where mines are manufac-
tured. together with the various navy
wards and shore stations all along
the Atlantic coasts.
According to Gen. William Gro
zier. chief of ordnance, there are
plants in the United States in pri-
yate ownership capable of turning
ont ammunition for small arms TO
the extent of five million rounds a
day.
There are plants for turning out
field artillery ammunition to the ex'
tent of $4,000 rounds a day. This IS
inadequate. According to army ex-
merits year would be required to
manufacture the ammunition neces-
sarv for any large engagement.
The latest information available
to the army war college shows prl-
vate plants in the United States were
turning out 5000 rifles a week. Eight
months is required to make a COM
plete rifle.
Automobiles can be manufactured
in the United States at about $4,000
month. motor trucks at about
ClPAIb