A CARTOONIST in an Austrian journal represents the condition of European countries by a man clothed in complete armor, with sword, dagger, and pistols, while dragging after him is a war-vessel and cannon. And that-well represents the condition of the world. Ten years ago Great Britain expended on her army and navy thirty million pounds sterling a year, but estimated cost this year exceeds sixty millions. Japan, in the fiscal year 1895-1896, expended on its army and navy about six million dollars, but in 1905-6, ten years later, apart from the expense of troops in the field, she expended thirty million dollars. So while she was successful over Russia, the war has left her with an incubus of debt which, as one writer remarks, ''remains as a permanent dead weight upon the country's life and enterprise.'' Russia expends $185,000,000 a year; Germany, $157,000,000; France, $133,000,000; United States, $112,000,000; India, $98,000,000; Austria, $84,000,000; Italy $55,000,000. The last issue of the World Almanac gives the expenditures of this country of the army and navy, fortifications, and military academy as about $185,000,000, with $140,000,000 more in pensions. Certainly the outlook is not for a millennium.