NUNN & COMPANY Editors and Proprietors. PUBLISHED WEEKLY Park Row (Park Building) Nosy York. — TERMS—Three Dollars per annum—One Dollar in advance for four months. Single copies of the paper are on sale at the office of publication and at all periodical stores in the United States and Canada. Sampson Low Son & Co. the American Booksellers No. 47 Ludgate London England are the British Agents to receive subscriptions for the SCIENTIFIC AMERICAN. WAR AND INCREASING WEALTH. War is undoubtedly a condition of destruction to life and property ; but it is possible that a nation
NUNN & COMPANY Editors and Proprietors. PUBLISHED WEEKLY Park Row (Park Building) Nosy York. — TERMS—Three Dollars per annum—One Dollar in advance for four months. Single copies of the paper are on sale at the office of publication and at all periodical stores in the United States and Canada. Sampson Low Son & Co. the American Booksellers No. 47 Ludgate London England are the British Agents to receive subscriptions for the SCIENTIFIC AMERICAN. WAR AND INCREASING WEALTH. War is undoubtedly a condition of destruction to life and property ; but it is possible that a nation impoverished may increase in both wealth and power. The condition under which war chiefly impoverishes a nation is by having it conducted within its own domain. But when a nation main tains a war upon the enemy's soil and so man ages its affairs that the annual expenses fall below the real value of its industrial products it is evident that it must increase in wealth. The merchant who makes more than he spends increases in riches and It is the same with a nation. An increase of national debt is no sign of increasing poverty in the people for this debt may be a simple transfer of only a small portion of the surplus wealth of individuals to the general fund of the commonwealth—an investment in public instead of private stocke. Those who have made political economy a subject of study know well that Great Britain maintained a war with France and sometimes with nearly all the nations of the world for many years ; and while the Government debt in creased the national wealth accumulated. She bat tled with Napoleon and clothed the armies of Russia Spain and Prussiaand the sword was scarcely sheathed for thirty years ; and yet at the end of the struggle she was vastly more wealthy than at the beginning of the contest. The first condition of this success was maintaining the war upon foreign soil thus al lowing the industrial arts—which furnish the sinews of war and the comforts of peace?
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