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title: 'The Day book. (Chicago, Ill.) 1911-1917, May 21, 1912, Image 8',
meta: 'News about Chronicling America - RSS Feed',
Image provided by: University of Illinois at Urbana-Champaign Library, Urbana, IL
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1U feet high, swept local harbor
Toledo, O. Warm weather
prevails throughout Ohio. Heavy
primary vote expected.
Wheeling, W. Va. Burglars
entered postoffice, St. Clairsville,
O. Escaped with from $500 to
St. Louis, Mo. By court de
cision, Mrs. Helene Hathaway
Britton, became real "boss" of
Cardinals. .Retirement of Ed
ward Steininger as president fore
casted. Mrs. Britton's husband,
Minneapolis, Minn. Fred -J.
Southard, student aviator, killed
in fall at Dayton, O., was a prom
inent business man of this city.
THE COST OF WAR
War debt began with the nine
teenth century. Not until the es
tablishment of constitutional gov
ernment had nations any credit in
the world of finance. The bond
of a king was notoriously bad se
curity. Since 1800 the war debts of the
nations have grown by leaps and
bounds. That of Europe as a
whole amounts to more than
$26,000,000,000, "bearing interest
at the rate of $1,150,000,000 per
year. All these "endless caravans
of ciphers" represent sums which
have never been paid, will never
be paid, can never be paid, so long
as the present system of national
armament goes on.
At the present rate of expendi-
tute tne lour countries of Ger
many, France, Great Britain and
the United States will spend in
the next forty years, the life of
one generation, for the support oi
armies and navies, an amount
sufficient to build twenty million
country and villages houses at an
average cost of two thousand
five hundred dollars each.
With father, mother and four
children in each of these houses
they would furnish homes for one
hundred and twenty millions of"
people, which is more than the
total present population of these
four countries living in villages
and open country.
Thus the fear of war is con
suming the homes of the rural'
and village population of these
grea't nations in a single generation.
TAKE YOUR CHOICE.
Ticket Agent What place do
you want to go to ?
Nutt What" places have you
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