Paragould soliphone., 1921-08-17
BEATEN GERMANY
 HOLDS ADVANTAGE

A4VA00 AAD x1Av 4ASA
 Washington, Aug. 16.-United
 States Senator William E. Borah be-
 lieves that Germany, despite her de-
 feat in the World War, may win
 the economic supremacy of the world
 unless the other big nations curb their enormous expenditures for
 armaments.
 In a statement prepared for, The
 Nations Business, published by the
 United States Chamber of Commerce,
 the Idaho senator says the threat of Germany's economic dominance
 is based upon the fact that the bur
 den of ornaments has been lifted from the backs of the German peo pie.
 Germany, defeatel and disarmed is paying $33,000,000,0 900 in repara- tions for the World war, but the United States. Senator Borah de- clares, will pay a greater sum for 
 armament at her present rate of expenditures for national defense. Despite her military defeat, says Senator Borah, Germany by reason of the short sighted and blundering policies of the allied and associa ed powers. may yet secure economic do- minance of Europe. De feat has re- suited in Germany's being deprived of her army and her navy. The burden of armament has been taken from the backs of the German people They may now devote their energies and their talents to agriculture, to industries, to arts and the things which constitute the real wealth and strength of people. Their genius will find expression not in arms or on the military field, but ] in improved machinery and cooper ative industry Every ounce of effort which they put forth will be along lines which produce something, 1 which add wealth to the community " prosperity to the people, which in sure greater physical prowess and q higher brain power.
 Allies Heavily Taxed. 'On the other hand, the allied and | associated powers are carrying q vast burden because of their great armies and navies. These burdens are being increased upon a stupen- l dous scale, hundreds of thousands 1 Of their people are to be engaged l in lines which produces nothing, adds no wealth to the community, makes not for health. growth and Happiness, but for display, parade ] and possibly for destruction and death. The German people are com pelled to preserve their energies for things which count. The allied and associated powers are burying their people under intolerable taxes, dis cOuraging industry. Sterelizing hu- man energy and breeding discon- tent through their everlasting plans for increased armaments.
 Tt is true that Germany has a vast debt upon her for reperations. | But this debt is no larger-and per haps not so large--than our own eX- penditures as they will appear from l year to year for armaments.
 Take the figures. Germany is l a1 nf ! 000, 900 plus 26 per cent of the act ] lual values of her exports. As mat lters now stand. the German foreign trade would make her annual pay
 ment about $76o, o,000,000. We will assume however, that her exports will increase so that at the end of 40 years it is estimated that Ger many will have paid $33,00O, ,000,- jO00.
 Huge American Expense. Look at our expenditures for our military and naval establishments, l We expended for military and naval purposes from June 30, 1920 to June 30, 1921, $S25.337,939 The The army and navy bills just passed will incur an expense of not less than $S30,000, 00,000-perhaps more. This would equal in 40 years q little over $33 ,000,000,0 1000. So we shall pay for our army and navy at the present rate an amount equal to the vast reparation bill which has been assessed against Germany, France has an army of 500, 0,090 men. The exact cost for maintain | ing this great army l do not know. but one can imagine how stupen- dous it is. The British army and navy combined call for an expendi- ture much larger than our own. Thus while Germany has her bil- lions of reparatiOn the allied and