Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-04-14

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~ 1eu,,e,' eennoe 81 hsId reeponsi-
- ~ IT, >peuoesvat1on cr return ~
sgDeete1 canpmunicatinnA
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o. n <l.o Deadane q the Pest
:, .~s.. - 1890 .,..c,, : vnak
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~ = -. .....,,,.s .,.. 81. -,
.,.' -. $500, -. -,.caa ~ the
s,-.-s..a $50. t1,.A ernnctations are
-. ,.,.s...1 t...ns.~ :. ,...t a .ooo..
~ - -~... !. -. 44;,.. IN. nation-
8, --.-s,.,.,.. q -. last comr,etaA
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=, ~. ,,.,,,,.,,, ~ tranc,nx far
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tao x9e,SsVsvVVs oaaay' t"e Sla'o.
Was nj ct the outset by two favorable
s,Anaausass>ycas namely that oW1ug to
~ s....-..,. ..,... - v,r,t,.h %r.ae
..-. :.
- ss""e 1o' t"e Se". ee
ooe1matoo revenue py $1oV'VVV'Vvv w'e
the wars expediture has been 1885,
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AZ tne o''se " ."
speech explaining the greatest ou"ee'
In the worlds history, the chancellor
,..a. an interesting comparison with
-,--- $500 A.,,.~.,. thst vvh,le
'.-
Great Britain was raising more eliAl'
s., 800. 00O. 900 annually by taxation, the
secretary Of the German imperial treas
-. -. rr.,w.r,ch wa. advancing a
VIZ 800 nnn ana
doopsaui ncEe.se VI sAS0'~s.'~'o
Now the editorial nnancaai e1per'
Of the Washington Post says all the
,.,,,v.-srt. ara ranidlv approaching
~.,. :. a.o,ar...
nuanclai eA"~ussaon' -
There 10 accumulaung evidence 'ila'
In Great Britain france ana l'aay' ~
well as in Germany ana Austrla' hhan
ciers. bankers ana other persons "
property have become tnorousnls
alarmed at the extent OF the disaster
which the war mas prousnt upon Eu'
rope and especially upon the peihser'
emit countries.
When annual incomes OF $5'ooo pei
annum are called upon for tax OF "
per cent and larger incomes for graded
taxation beyond that and up to 50 pei
cent and the war Is but twenty months
old, this talk of Great Britain carrying
on the war for years longer Is empty
bombast ana not worthy Of being dis
cuSsed.
Already q debt OF $12,0OO,O0O.00O or
Great Britain, and that increasing BY
$3.50. Ooo, 900 war expenditure eacf
, month, and an appalling deficit in cur
rent accounts, IL not only discouragint
to every thinking Briton. but distress
ink to those who have to bear the ta1
burdens and who perceive the inevita
BILE Political. industrial. financial ant
social ruin IL the war is prolonged.
AL 1A0 0VO%SV ga 1'sSA AsSSA>~SseS 49,
spring Of 1882, when Lord North de-
tended the royal policy which brough
on the American revolution. saying Il
maintained British rights and wa
just" exactly the words that Premiel
Asquith would use today In describ
ing the present situation. Edmund
Burke exclaimed: Good God. Are W.
yet to be told Of the rights for which
We went to war? Oh, excellent rights
Oh, valuable rights! Valuable 20,
should be, for we have paid dear II
parting with your Oh, valuable right
that have cost Britain 10 provinces
four islands. 100000 men and more thai
E70.000,000 Of money!"
Burke's R70,000,000 for the cost o
the eight years war Of the American
revolution would not cover the cost o
q fortnights expenditure Of Grea
Britain IN TINS connict' wniie more tnai
90 vO.v0y .; y, ~, ~.c,,nssS Ia nna mo r'
ysar Of war at its present cost IL
blood ana treasure will bankrupt ever,
bslhgefent. ana none knows this bet
. nsn M -. ms."a.. s au &c al :.
n.rr ~ rrsncs shnw,nr lass ~ so,d -
sAoo0o francs in round numbers, de.
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