Grants Pass daily courier. (Grants Pass, Or.) 1919-1931, 1919-04-17
CoOKINGHAM SAYS EXPENSE
WILL NOT BE OVER go OF
NATIONS ASSETS
HUNS DEBT RUNS 50 PER CENT
Death Losses During War Aggregate
7,35O,0OO Men-Germany's Col
lapse Due to Fighting Yanks

Portland, Apr. 17.-In view of
what other nations have done, Am
erica's patriotism has been put to
no test according to Edward Cook
ingham. executive chairman of the
Oregon Victory loan. He says:
During the four years of the war.
the gross Indebtedness of the ciyi-
lied nations of the world grew
from s27,0OO.O0O,OOO to more than
S2OO,000.ooO,OO0. The indebtedness
OF Great Britain grew from per
cent tP A per cent of that country's
entire national wealth. The indebt-
edness Of France grew to about As
per cent of her national wealth and
Russiais national debt reached about
the same proportions. The indebt-
edness of Germany was more than
90 per cent of her wealth at the end
Of the war, and that of Austria-Hun-
gary had become about 60 per cent.
In comparison with the enormous
debts Of her allies, that of the Unit
ed States at the end of the war
seem very insignificant. inasmuch
as it amounted to less than s per
cent of her national wealth, and as
an Offset we hold nearly $4,000
100000 of obligations of foreign
governments, so that the net drain
upon the people of this nation will
not be over 6 per cent OF the sum
total of the assets of the nation.
THE available statistics received
up to the present time show that
the total death losses during the
war aggregated about 7,350,00O
men. or our allies, France lost
1,3S5,000 men, England 706,OOO
men. and Italy 100000 men; Rus
sia lost about 10000 men. About
$4,000 .. S. troops were killed In
battle. The death losses of Germany,
Austria-Hungary, and their allies.
aggregate 2,750,000 men,
"None of the allied commanders,
American, French. English or Ital-
ian, believed that a military victory
was possible in 1918. Hence, at the
time the armistice was signed mill
tary plans in the United States were
on prodigious scale.
These plans contemplated that by
July /, 1919, there would be 4,000,-
900 American soldiers in France. To
transport and maintain this vast
army, 100000 tons of shipping
would have been required, and the
plans Of the government included
the construction of sufficient ships
TO furnish the required tonnage. Had
tuc war COuJiuutu uutli Jnt ililuulc
of the summer of 1919, this nation
would probably have suffered a loss
of 100000 American soldiers. with
many hundreds of thousands of dis
abled and wounded, The outlay re-
quired to train, equip. transport and
feed this vast army would have been
not less than $4,000, 100000 per
month. 1t is quite obvious, there
fore, that the sudden collapse Of the
German military power resulted in
a saving to the American nation, Of
not less than $4,000, 900, 900, to
$40, 900, 100000. Moreover, every
redlblooded American citizen must
not fail to remember that Germany's
collapse was directly due to the mag
nificent fighting qualities of the
hitherto unframed American army.
During the brief time that the
American army participated in the
active hostilities Of the war, 1913
distinguished service crosses were
awarded for gallantry in action to
American OFFICERS and soldiers"