AMERICA’S COMING IN.

Manawatu Herald, Volume XXXIX, Issue 1697, 12 April 1917, Page 4

AMERICA’S COMING IN.

BIG THING FOR ALLIES. The financial position of the United States at the present time is such that it could render almost unlimited aid to the Allies. Mr Theodore H. Price, one of the bestknown American writers on financial matters, puls the matter in this lucid and emphatic way: — With America in, it would be the men and money of practically the whole world against Germany. In wealth we have:Nearly double the wealth of the British Empire; live times the wealth of France; six limes the wealth of Russia; twelve limes the wealth of Italy; sixteen times the wealth of Japan. Our resources are nearly it match for all the Allies, big and little, pul together.

Our resources are two and a-half times those of Germany, Austria, and Turkey combined. Add Uncle Sam to the forces lighting Germany, and the balance of resources against that unhappy nation would he about live to one. These figures serve to indicate the gigantic weight of money power winch America has at her disposal. As to how she would use it the New York Outlook offers this forecast:

We would, of course, give our lirsl consideration to our first line of defence —Hie Navy. And we .should have to give thought to the development of our military arm though for some months its effectiveness would he chielly moral; hut iinancially we could he at once of immense benefit to the cause of liberty and law; for Congress could at once vote a very large loan, in the billions perhaps, putting it at the disposal of the Entente Allies, with whom we should he acting in concert. By means of financial assistance, which in concrete terms means a vast How of goods and supplies of every sort, we could thus use our inexhaustible resources much more freely and legally and openly than we are now doing. The same journal, it may be mentioned, also emphasises the importance of the prohibition of all shipment of goods between America and Germany, and no neutral ports intended for Germany, which would be a necessary sequel to war with Germany. This would make still more effectual the already far from ineffectual blockade which Britain has established; and it is suggested that this tightening of the blockade is the weapon which Germany most fears.