The Owosso times. (Owosso, Mich.) 1897-1926, 1918-09-20
WHAT UNCLE. Sam
DOES WITH MONEY.
How Funds Raised 10y .saIesof
Liberty Loan Bonds Is Exc =
pended by Government.
FIGURES ARE STAGGERING
Estimated Total OF $24,00o, 100000
Will Be Spent This Year for Prepa-
ration and Maintenance Of
Our Fighting Forces.

Now that the people of the United
States are to be asked In the Fourth
Liberty Loan drive, which opens Sep
TENDER 2S and continues three weeks,
to lend the government at least twice
as much money as has been asked be-
fore. the treasury department realizes
that there is natural curiosity or the
part of the public to know for what
all this money is being expended The
amount already spent on preparation
and the maintenance of the fighting
forces stagSers the Imagination, and
the prospect is for an even larger ex-
penditure in the present fiscal year,
the total being estimated at $4,000
000,0 900.
Figures received at Liberty Loan
headquarters for the Seventh Reserve
district from the war department give
an idea Of the vast sums which have
been expended and which Will have to
be spent to win the war, and this in
formation brings home to all Ameri-
cans concrete idea of how much
money it takes TO wage a modern war
win victory.
The following figures are an answer
to the query of the average Liberty
Bond buyer: "Just what will Uncle
Sam do with the money from my $500
bond? a single bond does not go far to-
ward meeting the expense of war, it is
pointed out, but when the bonds of
millions of Americans are brought to-
gether, the total of cash provided
reaches stupendous totals.
Since the United States entered the
war in April, 1917, the war department
has raised, equipped, trained and, with
naval help, sent across the sea upward
Of million and half of soldiers, and
has practically as many more under
training at home. OF all this vast
number of men sent abroad, the num-
Der lost in transit as result OF
U-boat attacks up to September i,
1913, was less thar 500.
During this same time 100000
rifles have been made, inspected, as
sembled and issued, and the weekly
production is growing.
The total amount of money directly
appropriated by congress for the ord
nance program, for which authoriza-
ton has been given to incur obliga-
tons, amounts to approximately $12,-
000.000,000
From the beginning of the war to
June 30, 1918, the last day of the past
fiscal year, contracts were placed by
the ordnance department from appro-
priations and authorizations existing
at that time amounting to $4,300,000,-
600. 1t is now estimated that during
the present fiscal year ending June 30,
1919, the actual cash expenditures for
ordnance will reach IL total of $1,000
100000.
The major items for which cash ex-
penditures were made or for which
contracts were placed up to June 30,
1918. were as follows:
Artlllery ..:..................... L0jO, 100000
AUTOMATIC rifles .................. 3o0.0O0,000
Nrtiliarv a,o,,,nitio oVo'U0YV'VV00VV
Small arms ammunition........ 0,000, zoe
Small arms, ammunition prac-
ice OBSERVATION-DISCLOSURES. SD.000,0O0
Stores and supplies personal
horse and organiZation)..... $50, coo, 900
Armored motor cars........."... 1G0,000.C0O
81, 100 100000 |
The principal items for which con-
gress has made appropriations avail
able for the present fiscal year are as
follows: SSH
Artillery a. $50 900 600 ]
Automatic rifles .................. NO0QDo1
small arms ...................... 260 600 b1oA
Artillery ammunition .......... 1850 100000 1
Small arms ammunition..s.,.. 9J50C0,00O
Small arms ammunition prac-
II lice l5OOOO,OOO
lStcres and supplies tpersonal
t,horse and organization, etcD 100000
Arrnored motor cars....,...... 277000,O00
For. army purposes, contract
authorization .....s,..s.....s. 500 000, 600 4
PURPOSE not definitely desig. ~
y pated. -----------
= s1.oi7,ocoooc
An Immense system of railroads In
France has been built, With new docks