Salt Lake Telegram | 1931-07-28 | Page 4 | Price of War

PRICE OF W WAR AIR T THE HE economic troubles that beset the world today are not the result of some hitherto unsuspected weakness In the social system and no year five-year year ten-year or year twenty-year Industrial in industrial industrial in- in plan will cure them This is the statement of Leonard P. P Ayres Cleveland banker who ranks as one of the nations nation's soundest economists On the other hand says Colonel Ayres the true lesson of this depression is that we cannot afford any more great wars It would be impossible to sum the whole matter up better I We Ve are paying right now for the world war Germany struggling on the edge of revolution is paying the heaviest price having having hayIng hav hay ing lost the war But are the victors much better off England with millions unemployed and Industry stagnant Is also paying The United States which made billions out of the war and escaped much of the fighting is paying IU likewise paying wise paying through the nose with 5 men out of work and long breadlines in the cities Everyone is paying with sufferIng suffering suffering suffer suffer- ing and privation and the payment is not yet complete As Colonel Ayres says this simply means that we must not blow ourselves to any more big wars They are too expensive They cost more than results any can possibly be worth I If the cost that we are now paying were only a a. trifle higher it might wreck civilization This is' is something to keep In mind when disarmament conferences preparedness measures and such issues come up for dis dis- dis- dis We Ve can keep a big army and navy if we like we can thumb our noses at schemes for international cooperation but we ought to remember that neither we nor anyone else can ever afford to indulge in another big war