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It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.
Out of war a few people make huge fortunes.
as a soldier, I had a suspicion that war was a racket; not until I retired to civil life did I fully realize it.
All of them are looking ahead to war. Not the people -- not those who fight and pay and die -- only those who foment wars and remain safely at home to profit.
Until 1898 we didn't own a bit of territory outside the mainland of North America.
For a very few this racket, like bootlegging and other underworld rackets, brings fancy profits, but the cost of operations is always transferred to the people -- who do not profit.
We paid the bankers their profits when we bought Liberty Bonds at $100.00 and sold them back at $84 or $86 to the bankers. These bankers collected $100 plus.
But the soldier pays the biggest part of the bill. If you don't believe this, visit the American cemeteries on the battlefields abroad.
I have visited eighteen government hospitals for veterans. In them are a total of about 50,000 destroyed men -- men who were the pick of the nation eighteen years ago.
mortality among veterans is three times as great as among those who stayed at home.
"All men are enamored of decorations . . . they positively hunger for them."
So by developing the Napoleonic system -- the medal business -- the government learned it could get soldiers for less money, because the boys liked to be decorated.
So vicious was this war propaganda that even God was brought into it. With few exceptions our clergymen joined in the clamor to kill, kill, kill. To kill the Germans. God is on our side . . . it is His will that the Germans be killed.
And in Germany, the good pastors called upon the Germans to kill the allies . . . to please the same God. That was a part of the general propaganda, built up to make people war conscious and murder conscious.