THE KAIPARA AND WAITEMATA WITH WHICH IS INCORPORATED "THE KAIPARA ADVERTISER & WAITEMATA CHRONICLE." HELENSVILLE, THURSDAY. March 22 1917 WAR PARADOXES.
The Germans claim that they oan gontinue |he war indefinitely because their qonntry produces all the munitions and provisions necessary, and because they borrow only from themselves. The statement is riot itself true, because cotton, copper, Indiarubber, tea, coffee, and several other indispensables must come in from other lands, besides a good deal of wool. The homemade nitrates for manures and j explosives are very expensive. Meat, milk, arid eggs will soon be only a tradition. Fats of all kinds are getting more and more unprocurable. The second statement re finances is equally misleading. I^et us illustrate: A German manufacturer makes a shell for £$ entirely of Qerman materials. Jt is fjred a\yay and is gone, That is £5 lost in labour and material You can't get away from that conclusion An English manufacturer makes a chaff-cutter for £5 and sells it to an Argentine merchant for £5 10s. If he had not been leaking f;h.e chaff-cutter he could have made a like the German did; but the seas fiipei^ and trade goes on as usuaf With him, JJe preferred to make a saleable commodity, rJ?he shell the army wants it j}uys iij.
America for £5 and pays by a debenture. It is fired away and also lost. The position then is that the Argentine owes England £5 and a profit, and England owes America £5. Can any sane man say Germany is therefore better off because self-contained and cut off from trading ? Then as to war borrowing in Germany: Better call it consfication at once; that is the real name. When socialism comes there, as come it will, it will find things pretty well prepared. Personal rights in body and soul as well as in estate will have ceased to exist. When the war began the idea was that the millions subscribed would be repaid out of the indemnities paid by defeated France and England. The German nation knows better now. Burdensome taxation for many years will be absolutely unavoidable by them as well as all other belligerents.
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Kaipara and Waitemata Echo, 22 March 1917, Page 2
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358THE KAIPARA AND WAITEMATA WITH WHICH IS INCORPORATED "THE KAIPARA ADVERTISER & WAITEMATA CHRONICLE." HELENSVILLE, THURSDAY. March 22 1917 WAR PARADOXES. Kaipara and Waitemata Echo, 22 March 1917, Page 2
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