Bankrupting the World

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Pacific Press Publishing Association · Mountain View, California · Aug 3, 1915

FromSigns of the Times, Vol. 42, No. 30.

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Bankrupting the World

ENGLAND'S average expenses for the war, as reported by Premier Asquith in the House of Commons a few days ago, are $15,882,941 a day. This is an increase of about fifty per cent over what the nation was expending eleven weeks ago. The total amount voted by England for war purposes is $5,300,000,000, and the war is just about one year old.
The other nations are expending money in like proportion. How long can they continue without bankrupting the world? And what will be the awful financial and industrial chaos after this war is over? Some people are looking for times of great prosperity. There may be a few nations and places where prosperity will reign. Doubtless such will be the case; but labor troubles, rioting, and difficulties of all sorts will increase. The world is facing the greatest crisis that could possibly come to it. It is entering into the death agonies that will grip everything sinful in the near-by day of the coming Christ. Men ought to be able to see this; and seeing it, they ought to prepare for the great issue, and be ready to stand with clean hands and pure hearts in the presence of the great Judge of the universe.