Show DECEIVING themselves responsible government pov emment officials of the warring nations of europe put forth frequently statements ench each undertaking t to show khow that his government is Z financing finane inc the great grent war with less strain on its people than is experienced perien i encee ced by the enemy the he latest claim of this sort wp wa set forth reventh recently by dr earl head of f the imperial treasury he ile clares that germanys germanas Germ anys huye huge of hond have sold more readily and no better terms than those of hor enemies the ger 1 man rhian finance official is entitled to all the consolation he can get out of such a statement but li kethe treasury administrators administrator of great britain and france he is ia simply deceiving himself and his people I 1 the facts are that every war ring country is loading itself with a burden of debt which means increased taxes higher cost of living and the diminished comfort and contentment of the people for genera generations eions to come and imposing on the gov the outcome of which no man can now foretell the war to date has c st about 20 billion dol dollars fars and that sum Is 1 iv to be doubled before the conflict reaches its end with that cannot pow now be forecast it is foolish for any f finance minister to undertake to show that such vast sums can be raised by voluntary contributions out of the th e savings of the people they are raised by a shifting of f credits and property which mean the dislocation of financial systems and of commercial and industrial operations |