“In spite of the Hague conference, convoked by the peace-loving Czar, no other age has had such large standing armies provided with such costly and efficient weapons of execution ready for instant use. The red spectre still stalks abroad claiming its victims. We still believe in the baptism of fire and redemption by blood. The dogma of blood redemption is still at the basis of our faith, and, consciously or unconsciously, we brand that sacred creed on the minds of the young generation.” The present European upheaval has finally disclosed to the impartial observer the fearful state of Europe as the final outcome of its “armed peace.” Instead of realizing the dangers of armed peace or of “preparedness,” we are ready to become a military democracy in which every able-bodied man is a soldier or a sailor, every child is a scout, and every woman a nurse or a munition worker. We are anxious to waste our resources on preparedness rather than on the education of the young. We hanker for the greatest navy in the world at a cost of several billions of dollars. We aspire after a million headed, billion armed navy and army. We clamor for universal, compulsory, military service in which our children should be drilled for murder and slaughter at the decree of a few autocratic officials and officers. We imitate Europe slavishly, in spite of the fact that the policy of preparedness or of “armed peace” has kept Europe in a state of turmoil for generations, has brought her to the brink of ruin, and has plunged her into the most cruel and most destructive war ever waged by man. The recent estimate of Count von Roedern, Secretary of the Imperial German Treasury, puts the total cost of the war to date, the end of 1916, for all the belligerents, at fifty-nine and a half billions of dollars. The Mechanics and Metals National Bank of New York City figures that seventy-five billion dollars will be spent for direct military purposes, if the war lasts another year. The enormity of that expenditure can only be realized if we consider that the total wealth of Great Britain and Ireland is eighty-five billions of dollars, that of Germany eighty billions, that of France fifty billions, that of Russia forty billions, that of Austria-Hungary twenty-five billions, and that of Italy twenty billions. Such waste is appalling! According to the figures given by Mr. Frank H. Simonds, eighteen and a half million casualties, of which deaths make up nearly one-quarter, is the toll already levied on the fighting men of all the belligerent nations by twenty-six months of war. More than any other war the present European struggle squanders the wealth of empires and sacrifices the lives of nations.