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United States (United States) (search for this): article 15
Yearly cost of the war. The New York Journal of Commerce is engaged in "counting the cost" of the war per year. It assumes that there will be, while the war lasts, in the pay of the United States over and above its regular army and navy establishments, no less than 215,000 soldiers and 18,000 sailors. With these data as a basis of calculation, it figures out the proximate yearly cost of the campaign as follows: The annual pay of an infantry regiment of 780 men, from the colonel down to the drummer boys, including officers' rations, which are commuted for in money, is over $148,000; at which, in round numbers, we will estimate it. In the dragoon service, to which a portion of the increased regular army will be assigned, the private's pay is $1 a month more than in the infantry; out of that small difference we will make no counts. Multiplying the number of regiments in the increased army (275) by the annual pay of one, and we find, for salaries alone, the item of $40,700,0