The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1916-07-17
Purchases by Allied Powers
Reach Totals Hitherto Un-
precedented.
GERMANY is GETTING SOME
Baldwin Locomotive and Beth
Iehem Steel Corporations
= Lead in Volume Of Business.

across the ocean Its taunt Of American
cooperation. financial and commercial
America tilted back in its chair. and.
counting OFF the war orders on its An
gers. 100000 at a time. put something
like $1,000. 200 behind 1t before 1t
paused to take up the next important
point-the number of new millionaires
to be added to the calling lists of So
ciety In New ork Newport. and other
places this summer or shortly after.
30 far as can be learned. for the war
business Is conducted on a greater scale
OF secrecy than the sale of moonshine
whisky. America. from Chicago east. Is
now on the shady side Of $4,000, 900 900 in
all It's war orders. counting blankets,
machinery. locomotives. and other prod
ucts not coming strictly under the head
OF munitions. according to a compilation
by the Public Ledger. Twenty-four cor
po RAJ Ion So alone account for more than
year This figure is claimed as highly
conservative" In other words. this
item. comprising scarcely one-thtrd Of
the country's war receipts. Is equal to
the entire national debt of the United
states. with 40 years of existence be-
hind 1t during which II financed four
wars OF Its own. innumerable Congress
sional pork barrels and satisfied the
wants Of a population of 100000 =. or as
many people as France and Germany
have combined.
Shipments Aggregate $446, 600, 900.
Ofhcial reports from the Bureau or
Foreign and Domestic Commerce at
Warrington show that shipments or war
munitions up to date have aggregated
Nas.oOW. These figures cover mu-
ntttons in the strictest sense OF the
WORD. They do not include locomotives.
blankets. rails, machines for gun max
Ing or other materials Of this class
which are indispensable to the nations
~ part or their war supplies
1t must be remembered also that a
tremendous amount OF war orders al
ready placed will not begin to run be-
TORE the fall and next year. Some or
sneee contracts call for delivery as late
The war has made milIionaires ana
multimillionaires Of such Phiia deIphians
e. E Alba 3. johnson and Samuel NJ.
respectively, of the Baldwin Locomotive
works. Roland l.. Taylor. who LAID ..ie
nrst stones of the Midvale Steel and
ordnance Company; Il. I. stotesbury,
~, Wxiiiiam n; ponner: former President OF
ous bankers and Industrial leaders close
70 the rountainhead Of big business
nave seen wealth virtually pour into
their pockets through merger transact
uons ana stock market trading.
Hetty Green Profited.
Even the late Hetty Green. who lived
On II day and lent millions. failed
In spite Of her reputed $l0O,OOO.OOO of
wealth to get out sof the way when the
flood Of war money" inundated the
eastern part Of the country According
70 the best information available. Hetty
in the New Jersey Zinc Company alone
Melted her close to $l.0O0,0OO The bulg-
Ing surplus OF banks everywhere is more
than mute evidence of the manner in
which even, the average workingman
Jared when he got wet" by the spiatter
or gold. Only one example Indicating
local conditions came to light few
tional Bank ran it's deposits across the
$l00.0OO,OO0 mark.
The Midvale Steel and Ordnance Com
pany. so William p. Barba. vice presi-
fore the House Committee on Naval AZ
fairs on March %. was working on $780,
100000 worth Of war contracts. At that
time the Remington Arms plant had not
100000 rifles for the allies. which. 1t Is
understood. the company took at $I16.2 20
apiece. or a matter of $4,000 900 for the
whole contract: In the Midvale business
must be includedthe orders taken by the
Cambria Steel Company, which. CONSOLE
dated with the Midvale. brought a dover
OF rail contracts. These rails the allies
intend laying on both the French and
In order to rush munitions and soldiers
TO different parts or the Fighting front.
Bethlehem Orders $3OO,O0O,000.
The war orders OF the Bethlehem Steel
Corporation at one time at least were an
crer book. They are placed at O.ooo,-
900 up to February last. Charles NJ,
6chwab. the salesman extraordinary OF
the war-order business. made no secret
Of scalring the cream of the allies bust
ness before ]. p, Morgan made such
a bargain as to be appointed the virtual
representative Of the foreign group.
In many respects Bethlehem has sur
passed the German-renowned ErGpps
From Bethlehem to Redington. along the
Lehigh river and south almost to Heller.
town, the plant Is so large that only
a few officials really appreciate how ex'
tensive 1t is. And 1t is still growing
Only last week three large buildings
were completed In which MUNITIONS vii
be manufactured for the Russian gov
eminent. These buildings represent ar
Investment IF 100000 each. Close &c
Quakertowu Schwab Is having built Tho
Victor Box Company at cost Of $500.
00o simply to make boxes to transport
shrapnel. -.
On Its books Bethlehem's accounts are
kept separately so far as orders fol
the different nations are concerned
1.-THE Republic Of France" '"The Rus
sian Empire" THE Kingdom of italy
and 80 forth.
Bethlehcm's output averages a50 on
shells of all gathers n month. These In
clude the English three 29a." 30
Founders l0-nch explosives. naval pro
tectiles for England and a large orde
of the famous "75's."
It Ia also reported that Bethlehem Il
making rapid progress in the manufac
ture of its new siege gun of AZ cen
timeters, which are to outrival til,
Krupp Pig Berthas."
Du Points Enormous Profits.
The du Pont Company, at Whining
ton. next to Schwab. Is said to be the BIZ
profit-takcr with a foreign war accoun
of more than s2COO0O.OO0. The profits
arising from this business can be ap
preciated when 1t 10 known that powde
brings $40 n pound. As given out
costs something in the neighborhood o
80 cents a pound to manufacture tht
explosive. In June H,0o0.0o0 pounds wen
10 Europe from Philadelphia alone.
These few instances In this par
ticular district run the war order
up more than 500, 100000. withou
taking into account Brilfs, who. whe
the United States Gavarnment las