Show Germans Sank More Than Third of All A II Teutonic Non-Teutonic Ships Great l Fleets of Allied and Neutral Merchant Craft AYere Yere Vei e Sent to Bottom of or He Sea Sei by Jinn i Mines and uHl U Boals U U-l oats oas By Ely al I Xe New York March larch 1 Thirty five p per percent r cent or more than thai a third of or tho tine non- non worlds world's merchant nt marine to today today to- to day duy lies at the bottom of or tho the sea a as aM a This Tini formidable result of oC tho the great war var able war casualty represents tons lona of or shipping the equivalent of oC vC vessels enough to form a i l line lino entirely en entirely en- en acro across s the tho Atlantic with the tho units half a I. I mile apart An And most o of or these ships arc lying in the thc depths of oC the Atlantic gnarled scraps or iron fron battered plates of I steel hu huge e splintered Blasts and lumber Of or this terrific loss Great Britain suffered II heavily She lost ten times as much shipping as ns 9 the thc United States Stales St s and twice as much as ns all other allied and neutral countries In 11 an ann exhaustive article on the thc subject subject subject sub sub- the tho March Issue of lIr The Tine TIu Rudder der that tine mone money loss n gre- gre nearly nealI and the 4 number of oC lives u cut short as a result of sea attacks readied reached at least t OOOO Merchant l ships damaged by the Teutonic Teu TeLl tonic submarines raiders and mines bring the thc total number attacked to toGO toGO GO 50 per cent of uC all It ships excluding those of oC the central powers Submarines arc are declared to have wrought 85 per cent of the total damage done Toll roll oil 50 0 Peace Yea Yearn ear earIt It Is 18 estimated that In normal peace peacetimes peacetimes I times no more shipping ln would b be sunk unk In fifty years ears than went Vent to the bottom i In the tint four years oars of oC the war aI How I heavily l England suffered Is shown bythe by bythe the time CI figures On August 1 1 1911 In t En England had 19 tons tone oC ot ships or per centor cent of or nil ll ships owned tho the central powers She Sho lost lont tons tons tons-GO 60 per percent I cent of or all losses and ani per cent of or Continued on Oil page 2 I HUNS SANK MORE THAN THIRD OF WORLD SHIPS I Continued From Pago Page 1 all her shipping The United States lost 4 tons of oC her tons or C per cent of ot the tile total losses and llo Ui per cent of oC all her ships The Theother other allies and neutrals lost of or their 15 tons tons tons-H 34 per cent oCth of oC th this tota-l tota and 33 per cent of oC their ships The Tho war ended leaving lea the United States with approximately I tons totis Engl England nd only and an all aU others together This Tills clearly clearl shows the gains the United Stal States 3 made on the world In the matter of ot shipping At the rate at which ships were built before beCore the war It would require seven se years ears to replace all ships sunk DurIn During During Dur Dur- In ing 1918 1318 however hoe more than Ships values OO a ton Cargo Caro values WOO a ton Property l rop rt mone money lives ll insured 10 a ton Earning power a ton a month Total losses not Including ships chips merel merely damaged ed It is interesting to note noto that while Great Britain suffered most in total I tonnage sunk with G 46 per pcr cent Nor Nor- 1 tons were built at which rate It would woul require only five U years ears Are re Scheduled d The estimated money loss of oC 80 does docs not represent the actual value alue of oC the ships This fl ure allows a replacement cost of or the ships themselves themselves themselves them them- selves of oC slightly more than replacement cost of ot cargoes and two and a quarter billions for lost earning power The estimate also takes into consideration lost dividends tar for the shareholders taxes and customs receipts for Cor the governments gov gov- O insurance premiums wages e etc elC tc The Tho financial ios loss Is divided dl as shown In the thc following table U. U U.-S. U. S 5 England Other Oilier er Allies and Neutral Neutrals US 10 1400 GOO i 60 17 0 3 t a way lost more moro heavily hea in proportion with more than 50 per cent of oC her shipping sunk Denmark lost more I Ithan than a third Spain about a quarter ant and Holland and Sweden both lost hea heavily |