White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1920-03-28

faols. eren structural steel, having
tsaa uethodicaIly taken away u set
70 work again In the iron works In
Germany. Mines were flooded, the
surface plants dynamited, the WORK
mems dwellings destroyed.
Sought Annihilstion.
IN a word, the Germans did their
hest 70 annlhilate the power OF indus
rial production In the invaded districts
ard prevent these regions from resum-
~. for many years 10 come. their
u.sre IN the markets Of the world.
The industry OF transportation has
siSo heavily suffered from the war.
TIE wear and tear on the rolling stock
q CIR railroads has been intense. In
he invaded regions the tracks were
badly injured during the German re-
firemeaf.
Taxes have been raised TO an IN
r~Yee1iented level. While in 1914 D
fstaI q our national budget vas slight
II above 4.o.o.oIooo0 francs, the taxes
an have given In 1918. without the
invaded regions. which were a you
know. by far the richest. over e,opc,-
$4,000 francs. In 1917 the civil
lsn population in France paid ! n axes
SIS Der capita. as compared with 81
paid IN 1916 By Americans
France. before the war, had a pub
lie debt Of 34!ooo.osa.Ooo francs The
interior debt has increased. during the
var. hy oyer loooo.cco!cco. the
LAST public loan having produced
oTDaua.oo. We have received from
Great Britain and the United States
loans amounting 10 2lco.ooooo
francs.
$50 that France starts on this new
period Of her history with a burden OF
public debt increased. on account OF
the war, by oyer 125cocOo0oo
francs. a figure which viii certainly
be further increased in order 10 hqui-
date the wal expenses.
81 have TO give you these figures In
order 10 make you realize the serious
ness Of the situation in which France
stands. We are all ready to face q
problems with the utmost confidence
and will 70 succeed. but we are aware
that they are grave problems.
First. while the whole world jumps
into peace work and resumes trade.
We have q part Of our territory which
Is unable to produce. We cannot main
tain our place in the markets OF the
world. We cannot get our own sup
ply OF coal. We are obliged 10 main
tain restrictions IN order TO protect our
industry while In course OF rehaoili'
fation, and as long as a normal order
of things Is not re-established.
Secondly, in order TO get from out
side markets the raw materials and nm
ished products we need, we depend
largely upon foreign ships.
Ships the Big Item
Thirdly, trade and shipping are
closely connected. We have 10 rebuild
our foreign trade, which has been
stopped during the war on account OF
lack of tonnage and lack Of industrial
production.
sFourthly, n Of our best assets Ii
our colonial empire. We have pacifed
and established our rule In vast coun-
tries, whose natural supplies are enc
nous. and whose populations are will
ing TO work. and are loyal, n they
have shown by giving up a total con-
tribution Of e1s.OO0 men during the
var. Of which $4,000 were fighters,
and $4,000 workmen In our war fac
tories. With her possessions France
Is actually the fourth Of the great
countries Of the world as regards ter
ritory. the fifth as regards population
But we must develop these posses
sions. In order to perform that duty,
we want ships. And again. u mer-
chant feet has fallen to almost moth
ing.
$50. In order to fulfill her duties,
France has two great objects 10
achieve; 10 rehabilitate her devas'
tated regions and TO build ships. II
her friends want to help her during
peace as they have helped her during
the war, they have two mean Of as
sisting her TO regain her place In the
society Of nations; helping her TO re
build which has been destroyed by the
Germans. and helping her to construct
or purchase ships"