Dear Living And Militarism.

New York Times 100 years ago today, August 24, 1912:
Dr. Starr Jordan Traces High Prices to Army and Navy Outlays.
    SALT LAKE CITY. Utah, Aug. 23.— An economic interpretation of wars and of preparations for war, in which he marshalled a great array of facts against militarism, was made by Dr. David Starr Jordan before the American Institute of Banking here to-day.
    In his address, which was the feature of the day's meeting. Dr. Jordan affirmed that bankers, generally, were opposed to war because war involved the destruction of wealth. International pawn brokers financed wars, and by controlling the purse strings ruled the issues among the great Powers.
    The speaker traced the increased cost of living to the military and naval expenditures of the world.