Omaha daily bee., 1921-08-16
Borah Believes
Germany May Win
Trade Supremacy
Says Nation, Despite Debt,
May Forge Ahead Unless
Allies Curb Expenditures
For Armaments.
For Armalnents.
By GRAFTON S. WILCOX.
Cb,coro Tribune Omaha Bee Leased Wire.

by GKAF ON .. "ALSSn,
Chicago Tribune Omaha Bee Leased Wire.
Washington, Aug. l5.-United
States Senator William f Borah be-
lieves that Germany, Despite her
crushing defeat in the world war.
may win the economic supremacy OF
the wo<ld unless the other big ma
tions curb their enormous expendi-
lures for armaments.
In a statement prepared for The
Nations Business" published by
United States Chamber of Com
mercc, the Idaho senator declares
the threat of Gernlany's economic
domination is based on the fact
that TIE burden OF armament has
been lifted from the backs of the
German people.
Germany defeated and disarmed,
Is paying $55,000,000,000 in repara-
tons for the world war. but the
United States, Senator Borah de-
clares, will pay a greater sum for
armament at her present rate of en-
penditures for national defense.
May Secure Dominance.
despite her military defeat" says
Senator Borah, Germany, by rea-
son of the short-sighted and blum
dering policies of the allied and as
sociated powers, may yet secure
economic dominance of Europe.
Defeat has resulted in Germany's
being deprived of her army and her
navy. The burden of armament has
been forced from the backs of the
German people. They may now de-
vote their energies and their talents
10 agriculture. to industry, to ~
arts, to the things which constitNe
the real wealth and strength Of a
people. Their genius will find ex-
preston not in arms or on the mill
tary field but in improved machin-
cry and cooperative industry.
"On the other hand, the allied and
associated powers arc carrying a
vast burden because Of their great
armies and navics. These burdens
are being increased upon a stipend
Gus scale. Hundreds of thousands of
their people are to be engaged i'll
lines which produce nothing, add 10
wealth to the community, make not
for health, growth and happiness, but
for display, parade and possibly for
destruction and death.
Figures Quoted.
1T is true that Germany has a vast
debt upon her for reparations. But
this debt is no larger-and perhaps
not so large-than our own expend-
itures as they will be created from
year to year for ornaments.
LET US take the figures-Gerlnany
is expected to pay an annuity OF
S500,000000 plus 70 per cent of the
actual values OF her exports. AS
matters now stand, the German
foreign trade would make this ex-
port charge amount to about $780,
100000 which would make her an
nual payment about 100000, 600. We
will assume, however, that her ex-
ports will increase, so that at the
end of 40 years it is estimated that
Germany will have paid $33,G00,OOO,-
900. :. -
Look at our expenditures for our
military and naval establishments: We
expended for military and naval pur-
poses from June 80, 1920, to June
so, 1921, $825,337,959. The army and
navy bills just passed will incur an
expenditure of not less than $780,
more. This would
equal in 40 years a little over $685.
]0O,00O0O0. SO we shall pay Tor. our
army and our navy at the present
rate an amount equal to the vast
bill which has been as
,essed against Germany.