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the pecuniary inducements held out by the state, in bidding for I funds or supplies, overbalance the inducements I offered by alternative lines of employment, the 1 business men will supply these demands, regardless I of what the ulterior substantial outcome of such a course may be in the end. Funds and business enterprise are now of so pronounced an international or cosmopolitan character that any business man may, even without fully appreciating the fact, lend his aid to the fisc of a hostile power as readily as to a friendly power or to the home government ; whereby an equable and comprehensive exhaustion of the several communities involved in the concert of nations is greatly facilitated. Barring accidents and untoward cultural agencies from outside of politics, business, or religion, there ia nothing in the logic of the modem situation that should stop the cumulative war expenditures short of industrial collapse and consequent national bankruptcy, such as terminated the carnival of war and politics that ran its course on the Continent in the sixteenth and seventeenth centuries.'