The Increase of War Expenditures
SINCE the beginning of this century, eight of the leading nations of the Old World have spent the following sums on their armies and navies:
Russia . . . . . . . . . $5,285,869,199
England . . . . . . . . 4,992,698,350
Germany . . . . . . . . 3,701,324,542
Japan, . . . . . . . . . 3,104,704,802
United States . . . . . 3,308,066,310
France . . . . . . . . . 3,046,184,440
Italy . . . . . . . . . . 1,229,374,757
Austria . . . . . . . . 1,010,215,179
Grand total . . . . . . $25,678,437,579 The amount expended on the armies and navies of these eight powers amounts to an increase of about fifty-nine per cent since this great twentieth century began. These expenditures for war are an indication of the spirit that characterizes the age. And regardless of all the commendable talk in favor of peace, the fact nevertheless stands out in monumental proportions, showing that war, and not peace, is the ruling sentiment. God told us in advance what the facts would be, and we see that they are in harmony with the divine prediction.