Through Norway with Ladies / 117 (1877) Author: W. Mattieu Williams Table of Contents / Innehåll | << Previous | Next >>
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to be either frightened away or driven away by
any forts that may be erected on the Arctic Ocean.



During the last twenty-five years we, in
England, have spent about five hundred millions in
defensive armaments. Let us suppose that instead
of doing this we had only spent half the amount,
and set the other two hundred and fifty millions
aside as a reserve war fund. With the compound
interest, this would now amount to nearly four
hundred millions. The possession of such a fund,
ready to hand for fighting purposes whenever
needed, would do more to frighten the Russian

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