Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
History
Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
League of Nations; Treaty of Versailles (1919 June 28); World War, 1914-1918; World War, 1914-1918 -- Economic aspects; World War, 1914-1918 -- Finance
Besides the points of likeness there were differences between the two
services. In the case of ship-building, the industry was virtually
re-created, so great was the expansion and the revolution in methods. In
the case of railroads the emphasis was, as has been seen, on the task of
utilizing an existing and limited plant to its utmost capacity for war
purposes.
WAR'S EFFECT ON SHIPPING
The following table, taken from a pamphlet distributed by the Emergency
Fleet Corporation six months before the conclusion of the war, gives a
perspicuous view of the shipping situation at the opening of military
operations in the United States:
THE WAR AND WORLD SHIPPING
Gross Tons
World's shipping (except German and
Austrian) August 1, 1914 42,574,537
Additional ships built, August, 1914-
December 31, 1917 6,621,003
German and Austrian interned ships
available for use of Allies 875,000
----------
Total 50,070,540
Losses since 1914.
Due to ordinary causes. 1,600,000
Due to mines, raiders
and submarines:
Allies 8,900,119[17]
Norway 1,031,778
Other neutrals 400,000
Total 11,931,897
----------
Balance actual tonnage available 38,138,643
Net decrease since 1914 4,435,894
Add 2 tons constantly required to
maintain each man in France
(1,500,000 men × 2) 3,000,000
Shortage for merchant traffic, at least 7,435,894
[17] To October, 1917.
Another table gives a view of the rates between the building and sinking
of ships among the Allied, neutral, and British nations from the
beginning of the war to April, 1918:
"The world's shipping suffered a net loss of 2,632,279 tons
from the beginning of the war to April 1, 1918, the greater
part of this having occurred since the beginning of the
unrestricted submarine warfare which brought America into the
war. This loss is partly due to England's having increased her
naval building at the expense of merchant tonnage. While naval
construction must not be neglected, some building capacity can
be turned back to merchant ship-building in case of extreme
need. However, in April, 1918, Great Britain and the United
States built 40,000 tons more shipping than was lost, and
American construction is still rapidly increasing."
AMERICA'S SHIP-BUILDING PROGRAM
Public-domain text, read in full here on John Shaqi.
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