The Foreign Policy of the United States: Political And Commercial.

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Even a little war will cost us much. Whether the little war with Spain, which was practically over in three months, has cost us less or more than $500,000,000 may still be a matter of doubt. I speak here only of the cost in money. The cost in blood and misery I leave you to think of.
That, if the new policy be persisted in, our naval estab- lishment also will have to be much enlarged, is generally admitted. How much — who can tell? Certainly, we can not tell. For it will not depend upon us how
...many new MitiTARiSM and Democracy. 95 battleships, and armored or unarmored cruisers, and light draft vessels, and torpedo boats, and destroyers, we shall want. It will depend upon the naval armaments our rivals and possible enemies have on the field of competition. Until recently, when we were proud, not of possessing large arma- ments, but of not needing any, it has afforded us much occasion for compassionate amusement to observe the almost hysterical nervousnessinto which old world governments were thrown when one of them began the building of new warships by which the proportion of power on the seas might be dis- turbed.

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