Captured from Total gains 545,052 enemy 3,500 --------- ------- Balance in Total gains. 545,052 1916 -952,796 Brought down from 1915 +519,422 --------- Balance at end of 1916 -433,374 1917. Built 1,163,474 Total losses 4,000,537 Captured from Total gains 1,174,974 enemy 11,500 --------- --------- Balance in Total gains 1,174,974 1917 -2,834,563 Brought down from 1916 -433,374 --------- Balance at end of 1917 -3,267,937 During the first three months of 1918 the net losses were 367,296 tons; 320,280 tons were built and 687,576 were lost, bringing the adverse balance on April 1, 1918, to 3,635,233 tons. GREAT BRITAIN'S WAR EXPENSES The British Government has issued a White Paper estimating the cost of the war for Great Britain in the year ending March 31, 1919, at $12,750,000,000, of which $9,305,000,000 is allocated to navy, army, air service, munition and ordnance factories, $205,000,000 to pensions, $750,000 to National War Aims Committee; services not specified, (presumed to include shipping,) $500,000,000; Treasury loans, $1,750,000,000; Board of Trade, $265,000,000; wheat supplies, $230,000,000, of which $200,000,000 is the estimated loss on the sale of the 18-cent loaf of bread. Subsidies toward the sale of potatoes are estimated at $25,000,000; purchases of wool and other raw materials are put at $40,000,000, payment to railways at $175,000,000, and $25,000,000 for timber. HATRED BETWEEN ITALIANS AND AUSTRIANS THE implacable hatred which has developed between Italians and Austrians is illustrated by the following Italian _communiqué_, issued in Rome on Feb. 11, in reply to the Austrian Supreme Command's denial that the Austro-Germans were first to bombard cities from airplanes. It points out that the Austro-Germans first bombarded Udine, Treviso, Padua, Verona, Venice, Ravenna, &c., massacring defenseless and innocent populations and ruining valuable art treasures, and adds: