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t bad then along came the war and up went the profits the average yearly profit for the period 1914 1918 was 240 000 000 not bad there you have some of the steel and powder earnings let s look at something else a little copper perhaps that always does well in war times anaconda for instance average yearly earnings during the pre war years 1910 1914 of 10 000 000 during the war years 1914 1918 profits leaped to 34 000 000 per year or utah copper average of 5 000 000 per year during the 1910 1914 period jumped to an average of 21 000 000 yearly profits for the war period let s group these five with three smaller companies the total yearly average profits of the pre war period 1910 1914 were 137 480 000 then along came the war the average yearly profits for this group skyrocketed to 408 300 000 a little increase in profits of approximately 200 per cent does war pay it paid them but they aren t the only ones there are still others let s take leather for the three year period before the war the total profits of central leather company were 3 500 000 that was approximately 1 167 000 a year well in 1916 central leather returned a profit of 15 000 000 a small increase of 1 100 per cent that s all the general chemical company averaged a profit for the three years before the war of a little over 800 000 a year came the war and the profits jumped to 12 000 000 a leap of 1 400 per cent international nickel company and you can t have a war without nickel showed an increase in profits from a mere average of 4 000 000 a year to 73 000 000 yearly not bad an increase of more than 1 700 per cent american sugar refining company averaged 2 000 000 a year for the three years before the war in 1916 a profit of 6 000 000 was recorded listen to senate document no 259 the sixty fifth congress reporting on corporate earnings and government revenues considering the profits of 122 meat packers 153 cotton manufacturers 299 garment makers 49 steel plants and 340 coal producers during the war profits under 25 per cent were exceptional for instance the coal companies made between 100 per cent and 7 856 per cent on their capital stock during the war the chicago packers doubled and tripled their earnings and let us not forget the bankers who financed the great war if anyone had the cream of the profits it was the bankers being partnerships rather than incorporated organizations they do not have to report to stockholders and their profits were as secret as they were immense how the bankers made their millions and their billions i do not know because those little secrets never become public even before a senate investigatory body but here s how some of the other patriotic industrialists and speculators chiseled their way into war profits take the shoe people they like war it brings business with abnormal profits they made huge profits on sales abroad to our allies perhaps like the munitions manufacturers and armament makers they also sold to the enemy for a dollar is a dollar whether it comes from germany or from france but they did well by uncle sam too for instance they sold uncle sam 35 000 000 pairs of hobnailed service shoes there were 4 000 000 soldiers eight pairs and more to a soldier my regiment during the war had only one pair to a soldier some of these shoes probably are still in existence they were good shoes but when the war was over uncle sam has a matter of 25 000 000 pairs left over bought and paid for profits recorded and pocketed there was still lots of leather left so the leather people sold your uncle sam hundreds of thousands of mcclellan saddles for the cavalry but there wasn t any american cavalry overseas somebody had to get rid of this leather however somebody had to make a profit in it so we had a lot of mcclellan saddles and we probably have those yet also somebody had a lot of mosquito netting they sold your uncle sam 20 000 000 mosquito nets for the use of the soldiers overseas i suppose the boys were expected to put it over them as they tried to sleep in muddy trenches one hand scratching cooties on their backs and the other making passes at scurrying rats well not one of these mosquito nets ever got to france anyhow these thoughtful manufacturers wanted to make sure that no soldier would be without his mosquito net so 40 000 000 additional yards of mosquito netting were sold to uncle sam there were pretty good profits in mosquito netting in those days even if there were no mosquitoes in france i suppose if the war had lasted just a little longer the enterprising mosquito netting manufacturers would have sold your uncle sam a couple of consignments of mosquitoes to plant in france so that more mosquito netting would be in order airplane and engine manufacturers felt they too should get their just profits out of this war why not everybody else was getting theirs so 1 000 000 000 count them if you live long enough was spent by uncle sam in building airplane engines that never left the ground not one plane or motor out of the billion dollars worth ordered ever got into a battle in france just the same the manufacturers made their little profit of 30 100 or perhaps 300 per cent undershirts for soldiers cost 14 cents to make and uncle sam paid 30 to 40 each for them a nice little profit for the undershirt manufacturer and the stocking manufacturer and the uniform manufacturers and the cap manufacturers and the steel helmet manufacturers all got theirs why when the war was over some 4 000 000 sets of equipment knapsacks and the things that go to fill them crammed warehouses on this side now they are being scrapped because the regulations have changed the contents but the manufacturers collected their wartime profits on them and they will do it all over again the next time there were lots of brilliant ideas for profit making during the war one very versatile patriot sold uncle sam twelve dozen 48 inch wrenches oh they were very nice wrenches the only trouble was that there was only one nut ever made that was large enough for these wrenches that is the one that holds the turbines at niagara falls well after uncle sam had bought them and the manufacturer had pocketed the profit the wrenches were put on freight cars and shunted all around the united states in an effort to find a use for them when the armistice was signed it was indeed a sad blow to the wrench manufacturer he was just about to make some nuts to fit the wrenches then he planned to sell these too to your uncle sam still another had the brilliant idea that colonels shouldn t ride in automobiles nor should they even ride on horseback one has probably seen a picture of andy jackson riding in a buckboard well some 6 000 buckboards were sold to uncle sam for the use of colonels not one of them was used but the buckboard manufacturer got his war profit the shipbuilders felt they should come in on some of it too they built a lot of ships that made a lot of profit more than 3 000 000 000 worth some of the ships were all right but 635 000 000 worth of them were made of wood and wouldn t float the seams opened up and they sank we paid for them though and somebody pocketed the profits it has been estimated by statisticians and economists and researchers that the war cost your uncle sam 52 000 000 000 of this sum 39 000 000 000 was expended in the actual war itself this expenditure yielded 16 000 000 000 in profits that is how the 21 000 billionaires and millionaires got that way this 16 000 000 000 profits is not to be sneezed at it is quite a tidy sum and it went to a very few the senate nye committee probe of the munitions industry and its wartime profits despite its sensational disclosures hardly has scratched the surface even so it has had some effect the state department has been studying for some time methods of keeping out of war the war department suddenly decides it has a wonderful plan to spring the administration names a committee with the war and navy departments ably represented under the chairmanship of a wall street speculator to limit profits in war time to what extent isn t suggested hmmm possibly the profits of 300 and 600 and 1 600 per cent of those who turned blood into gold in the world war would be limited to some smaller figure apparently however the plan does not call for any limitation of losses that is the losses of those who fight the war as far as i have been able to ascertain there is nothing in the scheme to limit a soldier to the loss of but one eye or one arm or to limit his wounds to one or two or three or to limit the loss of life there is nothing in this scheme apparently that says not more than 12 per cent of a regiment shall be wounded in battle or that not more than 7 per cent in a division shall be killed of course the committee cannot be bothered with such trifling matters chapter three who pays the bills who provides the profits these nice little profits of 20 100 300 1 500 and 1 800 per cent we all pay them in taxation we paid the bankers their profits when we bought liberty bonds at 100 00 and sold them back at 84 or 86 to the bankers these bankers collected 100 plus it was a simple manipulation the bankers control the security marts it was easy for them to depress the price of these bonds then all of us the people got frightened and sold the bonds at 84 or 86 the bankers bought them then these same bankers stimulated a boom and government bonds went to par and above then the bankers collected their profits but the soldier pays the biggest part of the bill if you don t believe this visit the american cemeteries on the battlefields abroad or visit any of the veteran s hospitals in the united states on a tour of the country in the midst of which i am at the time of this writing i have visited eighteen government hospitals for veterans in them are a total of about 50 000 destroyed men men who were the pick of the nation eighteen years ago the very able chief surgeon at the government hospital at milwaukee where there are 3 800 of the living dead told me that mortality among veterans is three times as great as among those who stayed at home boys with a normal viewpoint were taken out of the fields and offices and factories and classrooms and put into the ranks there they were remolded they were made over they were made to about face to regard murder as the order of the day they were put shoulder to shoulder and through mass psychology they were entirely changed we used them for a couple of years and trained them to think nothing at all of killing or of being killed then suddenly we discharged them and told them to make another about face this time they had to do their own readjustment sans without mass psychology sans officers aid and advice and sans nation wide propaganda we didn t need them any more so we scattered them about without any three minute or liberty loan speeches or parades many too many of these fine young boys are eventually destroyed mentally because they could not make that final about face alone in the government hospital in marion indiana 1 800 of these boys are in pens five hundred of them in a barracks with steel bars and wires all around outside the buildings and on the porches these already have been mentally destroyed these boys don t even look like human beings oh the looks on their faces physically they are in good shape mentally they are gone there are thousands and thousands of these cases and more and more are coming in all the time the tremendous excitement of the war the sudden cutting off of that excitement the young boys couldn t stand it that s a part of the bill so much for the dead they have paid their part of the war profits so much for the mentally and physically wounded they are paying now their share of the war profits but the others paid too they paid with heartbreaks when they tore themselves away from their firesides and their families to don the uniform of uncle sam on which a profit had been made they paid another part in the training camps where they were regimented and drilled while others took their jobs and their places in the lives of their communities the paid for it in the trenches where they shot and were shot where they were hungry for days at a time where they slept in the mud and the cold and in the rain with the moans and shrieks of the dying for a horrible lullaby but don t forget the soldier paid part of the dollars and cents bill too up to and including the spanish american war we had a prize system and soldiers and sailors fought for money during the civil war they were paid bonuses in many instances before they went into service the government or states paid as high as 1 200 for an enlistment in the spanish american war they gave prize money when we captured any vessels the soldiers all got their share at least they were supposed to then it was found that we could reduce the cost of wars by taking all the prize money and keeping it but conscripting drafting the soldier anyway then soldiers couldn t bargain for their labor everyone else could bargain but the soldier couldn t napoleon once said all men are enamored of decorations they positively hunger for them so by developing the napoleonic system the medal business the government learned it could get soldiers for less money because the boys liked to be decorated until the civil war there were no medals then the congressional medal of honor was handed out it made enlistments easier after the civil war no new medals were issued until the spanish american war in the world war we used propaganda to make the boys accept conscription they were made to feel ashamed if they didn t join the army so vicious was this war propaganda that even god was brought into it with few exceptions our clergymen joined in the clamor to kill kill kill to kill the germans god is on our side it is his will that the germans be killed and in germany the good pastors called upon the germans to kill the allies to please the same god that was a part of the general propaganda built up to make people war conscious and murder conscious beautiful ideals were painted for our boys who were sent out to die this was the war to end all wars this was the war to make the world safe for democracy no one mentioned to them as they marched away that their going and their dying would mean huge war profits no one told these american soldiers that they might be shot down by bullets made by their own brothers here no one told them that the ships on which they were going to cross might be torpedoed by submarines built with united states patents they were just told it was to be a glorious adventure thus having stuffed patriotism down their throats it was decided to make them help pay for the war too so we gave them the large salary of 30 a month all they had to do for this munificent sum was to leave their dear ones behind give up their jobs lie in swampy trenches eat canned willy when they could get it and kill and kill and kill and be killed but wait half of that wage just ...