The sun., 1916-02-13
SIR GEORGE PAISH ANALYZES
THE TREMENDOUS COST OF WAR

fairs that the war has meant an almost
total stoppage of American progress.
But for the war vast numbers of pro-
ductive people from Europe would
have found new homes in your co,n-
try. hut the war has stopped emigra-
tion to your shores. During the war
the growth of American population will
be smaller than for many years.
Furthermore. during tho period q
war there has not been the normal ex-
penditure of capital in your country.
True America has paid off some of
the debts which she owed to foreign
countries. but the payment Of these
debts has not increased her productive
power in thc manner tha- IL would
have been increased 10y the normal IN
nuX of immigrants and capital from
Europe.
AS TAR as America is concerned the
effect of the war is a smaller increase
of population and income and there.
fore Of productive power than she has
had tor many years past. And what
applies to the United States applies to
all other countries whose progress in
the past has been assisted by the influx
Of men and money from the now bel
lIg"rent countries
How far these conditions will afrer,
IT." worlds supplies of food. raw ma
ieria.s and other necessarics in the
years to come has yet To be seen. hut
!, is evident that during the next few
wears production in proportion TO pop-
uiation Will increase very slowly.
The hope Is that the discipline which
The war Will spread among men IN ali
countries will cause the world TO devote
iis energies more completely and more
intelligently than ever before to the
efficient and wastelesS production of
necessities ard to curtail its eypendl-
ture upon and consumption of luxu.
ries.
''r course II the war were Ia rcsu''
III some arrangement hv means ~
which great standing armies no longer
would Ice necessary the task of repair
ing the ravages " the struggle and
eliminating its effects would Ice rem
dered comparatively easy. but at
present II Is impossible for any one to
express an intelligent opinion as to
what viii happen in this drecti,U after
the war That Wi. depend upon the
on whether or not It IS found To be
possible Ia adjust the old grievances
which have made for war. substituting
few conditions which will make for
peace.
1T is obvious that one effect of the
war must be 10 demonstrate to the
world. as nothing else could have
demonstrated it, that each country is
largely dependent upon every other
country for its welfare and its means
OF subsistence either as buyer or AZ
a seller of goods or as a borrower or a
lender Of money.
The war also should demonstrate to-
hitherto pursued il the United States
Great Britain and the British Empire
as "A whole is the policy which will
bring Advancement no; only 10 the
countries directly involved but in the
last analysis to all other countries ~
We'll.
"In the last century the United
States has attracted 70 its territory
vast multitudes OF people from abroad
and there has provided them with
lands and homes, raising them from
condition Of poverty To one Of affuenve.
BY so duGg the United States has
frightened the world in a measure FAR
beyond the metamorphose which has
been brought about by III" mere
changed condition OF It's Immigrants.
1T has produced cotton, foodstuffs