Democratic Sentinel, Volume 20, Number 28, Rensselaer, Jasper County, 17 July 1896 — Armies and Debts Compared. [ARTICLE]

Armies and Debts Compared.

According to figures recently shown by the Peace Society of England the increase in the cost of armies during the last thirty years has been equalled by the increase in national debts. The cost of European armies in 1869 was £116,000,000, and it increased to £200,000,000 in 1896. In 1872 the debts of European countries amounted to £4,680,000, and in 1896 the figure was £6,000,000,000 (?30,000,000).