The Delta independent. [volume] (Delta, Colo.) 1886-19??, 1923-01-12


reason why the people in Europe went
hungry. 1t shows that reason is not
| because the United States refuses to
take part in European affairs, as M.
Clemenceau SO positively asserts, but
because billions are being expended
by European powers for military pur-
poses.
Practically all the powers making
these vast military expenditures are,
with two or three exceptions, mem
bers Of the League Of Nations and
bound by the covenants Of the League
to keep the peace or at least to sub
NIT their differences to the League for
arbitration and amicable settlement.
Following are the figures showing
the amount of military expenditures
Of the several European countries in
their current budgets. together with
the amount of interest which they owe
the United States and which remains
unpaid.
Austria: Military expenditures for
1929. 4.7S7 1921. 500 kronen. (Par value
OF kronen, POPS cents. actual value Of
kronen, latest quotations. 1-3 cent?
unpaid interest due the United States
81, 443.342.
Belgium: Military expenditures for
1922, 667, 297 1852 francs. (Par value
Belgian franc, 1913 cents. actual value
Belgian franc, latest quotations, 7.S
cents). Amount of interest due the
United States but unpaid $18,S78.214.
Czecho-Slovakia: Military expendi-
lures 1922, 3,108, 846,222 crowns. (Par
value crown, 2O.26 cents, actual value
crown, latest quotation, 2.1S cents.)
Amount of interest due but unpaid to
the United States, $4,587224.
Esthonia: Military expenditures,
1922. 1891. 100000 marks. (Actual val
Ne Esthonian mark; latest quotation
2 cent? Amount of interest due but
unpaid to the United States, $699, 957.
Finland: Military expenditures 1922.
306. 719. 900 marks. (Actual value Fin
nish mark, latest quotation. 2.14
cents.) Amount of interest due but I'M
paid to the United States. $414,O96.
France: Military expenditures 1922,
3.426.2s4.959 francs. (Par value franc
1913 cents, actual value latest quota.
ton 1923 cents.) Amount Of interest
due but unpaid to the United States
$167, 905, 2O4
Great Britain: Military expenditures
1929 budget, 62,3O0,OOO pounds (Par
value British pound s4.s6 actual value
latest quotation, $4.45.) Amount OF in
terest due and unpaid the United
States, $750,000.
Hungary: Military expenditures
1922, 2,142.0O0,000 drachmas. (Actual
value of Grecian drachma, latest quo
tation, 2.95 cents). Interest due unpaid
States, $20s, 315,917.
Hungary, Greece: Military expendi-
lures 1922. 2.142,OOO,0O0 drachmas
actual value OF Grecian drachma, lat
est quotation, 2.95 cents). Interest due
unpaid to United States, $750,000.
Italy: Military expenditures 1929
budget, 1,s76,549. 900 lire. (Actual val
ne Italian lire, latest quotation, 4.57
cents.) Amounts Of interest due and
unpaid the United States, $S2,4Oi.7ez
Latvia: Military expenditures. 1872
1923 budget. 1.233, 1913 roubles. (Actual
value Latvian rouble, latest quotation,
unpaid the United States. $256,614.
Poland: Military expenditures 1922.
'153.s4s. 15s, 076 marks. actual value
Polish mark, latest quotation, 1.85
cents.) Amount Of interest due but un-
paid the United States. $6.s02.141.
Roumania: Military expenditures
1892. 1.175.o00. 900 lei. actual valus
Roumania lei, latest quotation, e
cents). Amount Of interest due and
unpaid the United States. $1.S0S. 424. 4
Serb Croat-Slovene State: Military
expenditures, 1872. 1,411. IS. 626 dinaF.
(Actual value dinar. latest quotation,
1.z1 cents.) Interest due and unpaid
the United States. $3,557.e5s.
After reducing the military budgets
Of these European countries to their
equivalent in American money at the
present rate of exchange, It will be
found why the people Of Europe are
hungry but have mot enough money 70
buy food. It II not because the United |
States 10 not doing its part, or be-
cause the American farmer refuses to
become involved In European quarrels. |
It IL because European. governments
are spending their. money in building
up vast military establishments for the
purpose Of waging another world war.
The participation Of the United |
States in European Affairs would have
but one outcome-it would involve this
country in that war. i
The lesson the American farmer 10
to derive from this condition in Eu-
rope II that he should do all within
his power to build up and make secure |
his home market. Under NO. circum. |
stances will Europe be profitable
market for the American farmer with.