The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER MONDAY, JANUARY 10, 1916. SOME CALCULATIONS.
In a recent address delivered in New York General Francis V. Greene, of the United States Army, gave some calculations arrived at regarding the 'belligerents which he was pleased to term as minimum figures and "more than intelligent guesses" regarding the killed, wounded and missing on both sides. He estimated that the combined wealth of the Allies, excluding Japan was nearly twice that of the Teutonic Powers, including Turkey. The military resources showed an even greater disproportion. The former group of countries had a population of 266,500,000, as opposed to the enemies' 122,200,000. If colonies were included the proportion, he showed was nearly five- to one. By sheer weight, of numbers, therefore, the end, however much the struggle may be protracted, can only logically result one way. The figures regarding the casualties are instructive, and it must be borne in mind that the enemy losses of quite lately have to be added, and that they are relatively immensely greater than the losses of the Allies:
Turning to the economics of the war, General Greene considers that though the war lias already lasted longer than at first thought possible, the end is no more in .sight than it was a year ago. In this view he is probably quite wrong for many very excellent authorities predict the complete downfall of Germany before the end of 1910. Touching on finance, the General quite truly says the financial transactions are on a scale even more stupendous than the numbers of men engaged, and the increase in national debt fairly staggers the imagination. Approximately
£5,000,000,000 have already been borrowed, and there is more to come. If, however we consider these figures relatively to the population and the estimated wealth of the nations engaged in war we find that they are not I unprecedented. Per capita the debts j are no greater than those of England j and France- at the close of the Napoleonic wars. Moreover, the per capita basis is not the only and, perhaps, not the most important basis of comparison. One reason given, for this conclusion is that wealth lias increased tar more rapidly than population in the last hundred years; so tllat the debts at the present time are considerably less in the percentage of accumulated wealth that was our debt (vearis ago or the European debts a hundred years ago. General Greene considers that while it is within the bounds of possibility that the war may continue until one or more of the nations engaged is hopelessly bankrupt, most of them have .still great sources of credit untouched, and it is beyond any question a fact that the military operations have not been anywhere restricted by financial considerations. Questions of finance have not made any change in the art of war, except as they have contributed through enormous resources of credit to make itpossible to carry on military operations on a. scale of unprecedented magnitude. In view of General Castlenau's" new strategy of smashing the German armies by gigantic artillery efforts, General Greene's theories re- ' quire some reconstruction. But this war is vastly different from any other conflict that this old world ever saw and theories and predictions have been rudely set at nought. For example, it was an article of belief in Europe that Britain had not and never could have an Army worthy the name from a numerical and military standpoint. But- to-day we find her in the front of the great military nations as well as supreme upon the seas.
G. Brita France Russia Italy Belgium Serbia Killed. Wounded. Missing, lota!. in 86000 251,000 55.00" 392.01.0 4IMI00) 7i)0,000 300,000 1,400,000 5(0 000 800,000 900.000 2.2«'-0.000 5000 15,000 5.000 25,000 25 000 40,000 15.000 80.000 20.000 40,000 10,000 70.000 Total German Austria Turkey 1,036,000 1,846,000 1,285,000 4,167,000 v 600.000 1.000,000 300,000 1,900,000 400 000 700,000 700,000 1,800,000 3U000 80,000 20,ooo 130,000 Total 1030 000 1,780,000 1.020,000 3,830,000
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Stratford Evening Post, Volume XXVIV, Issue 29, 10 January 1916, Page 4
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667The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER MONDAY, JANUARY 10, 1916. SOME CALCULATIONS. Stratford Evening Post, Volume XXVIV, Issue 29, 10 January 1916, Page 4
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