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The Cost of the European War

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Review and Herald Publishing Association · Takoma Park Station, Washington, D. C. · May 18, 1916

FromReview and Herald, Vol. 93, No. 25.

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The Cost of the European War

In a little booklet issued by the Mechanics and Metals National Bank of New York, it is estimated that the war is costing the nations of Europe more than $90,000,000 a day. The total cost of the war, if it should still be in progress the first of August, will have been $45,000,000,000, it is estimated. This, the booklet states, would be six times more than the full amount spent in the Civil War, forty times more than the total amount of our national debt, and one hundred and twenty-six times more than the cost of the Panama Canal.