Emmons County record. [volume] (Williamsport, D.T. [i.e. N.D.]) 1884-current, 1919-01-16

these different items we reach as regards indus.
trial needs total Of 25,OO0OOOOOO francs.
ITO resurrect these regions to reconstruct these
factories, raw materials alone not sufficient:
we need means of transportation. Now the enemy
has destroyed our railroad tracks and railroad
track equipment Our rolling stock, which in the
first month Of the war, in 1914 was reduced by
$4,000 cars has undergone the wear and tear Of
80 months Of war.
"OQr merchant fleet, on the other hand, has lost
more than million tons through the submarine
warfare. Our shpyards during the last four
years have not built any ships. For they have
produced for us and for our allies cannon, ammu-
milton and tanks. Here, again, for this item
alone Of means Of transportation we must figure
on an expense of 25OO,O0O,O0O francs This makes.
II sum up these different items. a need Of raw
material which represents In cost. at the present
600 francs.
"And this formidable figure does not cover
everything. have not taken into account the
loss represented for the future production Of
France by. the transformation of so many fac.
tories which for four years were exclusively de-
voted to war munitions have not taken into
account foreign markets lost to us as a result
of the destruction of on-qunrter Of productive
capital and the almost total collapse Of trade.
] have not taken into account the economic weak.
ening that we shall suffer tomorrow owing to the
loss of 100000 young and vigorous men,"
Compared to these, the losses accruing to the
United States result Of the war are, Of course,
slight America has scarcely been "bloodled" It
is true that the war may cost the United States
possibly $4,000 lives-every one a precious offer.
ing to freedom-but several times us many Amer.
leans have died at home during the recent influ.
enza epidemic
When we consider the number of Americans
who died in our Civil war. our present. losses
seem almost trivial The deaths from all causes
In rHyl1N tOto 1ol
MS many lives as the world war cost the United
States Those killed in action on the Union side
alone-110,O70 men fighting for the North-out.
number more than two to one the Americans who
have recently died fighting overseas.
The financial contribution America has made to-
ward defeating the central powers Is magnificent
but comparatively small sacrifice for the rich.
est country in the world.
To date the total war Indebtedness of the Unit.
ed States Is $17,S52S77 000 distributed as follows:
First Liberty Loan. g. 900 900 900
Second Liberty Loan. ooo
Third Liberty Loan 4.17e 900
Fourth Liberty Loan. $3.50 on 900
War SaV1ngs Stamps. SIS. $50 900
A fifth loan Ia being planned to help defray the
cost of the war The tax bill now under consid-
Grafton by congress and other taxation will not
net the remainder America has spent. or will spend
to finish up the tlisagreeable job.
But even If the war finally costs America $685..
OOO,OO0OO-other estimates have varied from
s20.0O0O0QO00 to $4,000, 900. OOo-that is a small
portion Of it's national wealth. How the amount
the United States has spent on the war compares
with IT'D economic wealth and how these figures
stand for the principal other belligerents may be
seen from the following estimates. no exact ng.
ures being available: ..tsl
IN National Wealth War Cost Prs-var Debt
United States 10000 - ooooooooo ooooooooo
Great Brtain... 5000 10000 ooooooaooo 35oooooooo
France ........ aooooo0oOo 2aooG0oooo0 ooo
Italy g 900 lo0oo00o0oo 1&ooooooo
Total 900 10000 s,sooaooopoo ,1s
German 8
Empire ......., Hoooodo.coo ,soooooooooo nl@oosou
Hungary ..... s.ooaooocoo zsooooooooo $685. 100000
Total 900 sss 100000 slsooooooo
Fa. ~
Swiss bankers who from their neutral vantage
point haye watched "a nations spend money on q
scale hitherto unknown have estimated the an.