Note and Comment

Review and Herald Publishing Association · Takoma Park Station, Washington, D. C. · Dec 10, 1914

One Year's Cost of the Present War

A few days ago David Lloyd-George, Chancellor of the Exchequer, said in a speech in the House of Commons that he estimated the war for one year would cost Great Britain $2,750,000,000, the largest amount England has ever spent on any war, and more than twice as much as was spent in the four years’ conflict in South Africa.

Parliament has voted to raise a loan of more than one billion dollars, the largest single loan ever made by any government in the world. When we realize that this expenditure pertains to Great Britain alone, and does not include the expenditure of France, Russia, Germany, and the other nations involved, we can obtain a faint idea of the large amount of money required to carry on the present conflict.