TaÌˆgliche Omaha tribuÌˆne. [volume] (Omaha, Nebr.) 1912-1926, 1916-01-18

rowed In those seventeen months?
Had she won a military victory Had
she gained new territory that might
eventually have given her added
taxing power2
Such a not the case.
For decades England had kept
the world spellbonnd with financial
experts, whose words were economic
law; with statesmen, whose pro.
fundity epitomized all human action.
But lar of, in an enemy country. a
poor young bank clerk was slowly
rising from %obscurlty. And suddenly.
in his country's hour Of financial
need, he swept TO the forefront and
showed himself the master OF British
fnanciers and British statesmen. He
II was who, just the other day.
pointed out how Germans stand like
rocks on the soil ct their home
country, while England's ruin is al
ready written in the skies.
These were the words of Or. Karl
HelHerich, Secretary Of the German
Treasury, the Hlndenburg of Finance.
And his words, bearing the ring of
truth, convinced the world. For Ger.
many has won immense new ter.
r~itories to Justify her expenditures
while England. in ruin and despair,
has lost the life and treasure that
she rlsked.
With speeious arguments English
statesmen try to conceal this dread
ful truth from their own people.
Even Paish, who strove to inspire
his countrymen to resistance against
their impending bankruptcy, felt that
1t was necessary to keep up the
fiction Of a prospect OF ultimate
victory. Positively, in the London
"Statist" Of November 9th, in the
midst Of lugubrious financial com
ment, under the heading, s.The
British Empires Fighting Strength"
one reads such stuff as this:
There is a large British as well
as French force attempting to force
the Dardanelles: there is a British
expedition assisting the French in
defending Serbia; there is a British
army which has just won a brilliant
victory near BagdadH
And this on November 9th. Is
1t not pathetic. to read this? For
we know that the force at the Oar
danelles has achieved a successful
evacuation. That the British force
in Serbia has fled into Greece, leay-
ing two Irish battalions to be cut
down TO a man. That the British
army lei Bagdad has been ig-
ANONYMOUSLY defeated by the Arabs.
No, this expenditure of six and
one-half billions is money absolutely
flung away without result. Hundreds
of millions were fired at the barren
hills Of GaIlipoli. Other hundreds of
millions were and are being expended
IN sending loaded Golfers from
Cardiff to the Aegean. to supply the
fleets. Others have been squandered
on the Serbs, whose dearly bought
supplies and arms have fallen into
the hands Of Englands foes Still
other millions have neen spent in
our Own country on mules. horses.
war supplies aud shells.
I shall give one cogent illustration
OF this %sauandering OF British BIZ
lions, which viii explain the hyster,
ical reiterations of British states
men we must reduces the proper
ton of our orders which so abroad. .
1t is In the nature OF an advertise
ment, published In the Evening
Post, December 1st, BY the syndicate
managers of tie Poole Engineering
and Machine Co., OF Delaware, offer.
ing $1,000 600 stock for sale. The
managers say:
The business Of the company is
in the hands of experienced and
capable men. who are especially
well yersed in the manufacture Of
war munitions, guns, etc. The plant
of the company is at present equin-
ped " turn out in large quantities
3-inch, 6inch and 12-inch shells, also
one FOUNDER, rapid-ire machine guns
and shells,
The company has signed contracts
amounting to $17,7S5000, on which
the minimum net profits are esti-
mated at So, 900, 900. or sufficient to
retire the outstanding bonds and
leave over S0% available for the
stock. The net profits of SO. 900. 900
+ figured by us after entire cost
of new machinery and additional
plant (which we estimate at $780,
000) have been cared for
A profit Of s3,500,0O0 on a ST.
100000 contract for shellsi Spleen
didi And who paid the bill? Eng
land. And this is only one of about
five hundred munitions plants which
she has patronized In this country.
You speak Of Englapd's silver bull
let's? Why they are lined with gold.
Can we wonder after this that she
has thrown to the winds her six and
one-half billions?
Can we wonder that Paish, Lloyd
George, John Dillon and George
Anderson warned their countrymen
that such ruinous transactions must
end?
And. meanwhile. while England
%squandered her treasure, how stood il
with English trade? From bad to
has gone the business Of this
great commercial empire. The
following figures have been taken
from Paish's London @Statists, No
yember 81, 1915:
The Tragedy Of Steam freight Rates.
Bound homewdrd from
Quoted in shillings pence
1915 1913
Alexandria 1910 9I6
Aus ala .-.... $50 900