The Bridgeport times and evening farmer. (Bridgeport, Conn.) 1918-1924, 1918-05-25
THE DEPRECATED MARK .

HE CONNECTICUT State Council of Defense has issued
an edition of the "Pan- Germany" of Andre Cheradame
The first chapter Of this book is entitled How Cheapy Ger
many has fought the War"
Mr. Cheradame here exhibits really clear thinking about
the financial side of the
This phase usually treated by financial men, who think
private business and in formulate always too
row. and sometimes directly opposed to the facts.
The German mark has undergone substantial deprecia
on which commonly treated sign of German weakness
The nearly its par and this regarded usually
as a sign of French strength.
contrary The deprecated mark is if anything
sign strength the static franc token Of French
weakness This situation will not be unfamiliar to readers Of
The Times and Farmer who understand that are not
fought withmon ey, but with commodities.
The has seldom been plainly stated Cheradame
says:
the blockade Germany seriously complexities food
problems the Other baud is in way advantageous from
financial point view word when Germany found her
self bocaded she obliged to evolve for existing
those of her allies Our enemies had great
difficulties in organization to overcome but they turned them
to good account for if Germanys exports small her i'm
ports have been correpondng reduced Hence she needs to
send little money abroad fact which financially in her ia
snow the case of the French government is radically diff
government feeling assured of the liberty
the and believing that the would be short one
found it expedent to place orders abroad than
to rely upon domestic to support the nations need
French imports according to published statistics exceed i'm
ports by billion francs month This that things
stand now France must pay foreign countries the staggering
pensaon since her purchases consist Of products which
destroyed in use.
For this France is undergoing serious impoverish
ment while Germany gets off comparatively easily"
Mr. Cheradame shows that popular conclusions drawn
the fluctuations of the mark false with respect attempts
to give them general Specification.
Reading these statements by this famous Frenchman it is
easy understand what the manufacturing
States has for the Allies
War is not fought with gold but with commodities
tpn that produce its commodities that is absolutely
self contained is in better shape to that
must depend upon the outside
Neither is money true of the war power Mr.
eradame clearly that for money equal in
name there may be bigger smaller pile of guns rifles
shells of food other material He draws the conclusion
that Germany pile of commodities about per
than the French pile purchased for the money
Enough has been said to show the necessity of different
form of cost estimation. The of American ma
tera is not dollars but quantities many ships SO many
cannon many bushels of wheat, and so onl
To speak in terms of dollars instead terms of ouan-
titles of commodities conuses the who has
bought thrift stamps, and liberty bond who has paid his
share OF taxes direct and indirect part as done
Yet the same by increasing the amount output
materials on his farm in his factory could
give more actual and necessary help money has a
forded.
The news tells how many rives driven into ships
This Is good There should be of the thing How
much can we make using intelligence and energy How MANY
bushels to the how many articles the machine Let rs
speak more in terms of things and less terms of money
which but the representative of things not even lv
in these times Mr.. Cheradame shows US