The military expenditures of the United States, England, France, Italy will be well over a billion dollars this year:
England . . . . . . . . . . . . .$469,043,784
France . . . . . . . . . . . . . . . 405,000,000
United States . . . . . . . . 251,250,231
Italy . . . . . . . . . . . . . . . . . . 150,000,000
The expenditures do not, however, indicate relative military strength, because of the difference in pay between the different...
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