course, for this loss, there would be a compensating profit—fortunes would be made. Millions and billions of dollars would be piled up. By a few. Munitions makers. Ship builders. Manufacturers. Meat packers. Speculators. They would fare well.
Yes, they are getting ready for another war. Why shouldn’t they? It pays high dividends.
But what does it profit the masses?
What does it profit the men who are killed? What does it profit the men who are maimed? What does it profit their mothers and sisters, their wives and their sweethearts? What does it profit their children?
What does it profit anyone except the very few to whom war means huge profits?
Yes, and what does it profit the nation?
Take our own case. Until 1898 we didn’t own a bit of territory outside the mainland of North America. At that time our national debt was a little more than $1,000,000,000. Then we became “internationally minded.” We forgot, or shunted aside, the advice of the Father of our Country. We forgot Washington’s warning about “entangling alliances.” We went to war. We acquired outside territory. At the end of the World War period, as a direct result of our fiddling in international affairs, our national debt had jumped to over $25,000,000,000. Therefore, on a purely financial bookkeeping basis, we ran a little behind year for year, and that foreign trade might well have been ours without the wars.