368 MAJOR JOHN F. LACEY 



In the days of good Queen Elizabeth, her entire revenue 

 was only $4,000,000 ; and the great Philip, King of Spain, 

 the ruler of the greatest and wealthiest monarchy of his 

 day, had an annual revenue of $20,000,000. 



Our commonwealth believes in education. The ex- 

 penses of the Iowa public school system as reported in 

 the census of 1900 was $10,248,989, and the money in- 

 vested in school houses was $20,389,505. 



So Iowa spends for her school system a sum more than 

 double the revenues of Queen Elizabeth. 



The character of our citizenship is made in the home, 

 the church, and the school. 



To keep the water supply of a city clean is the first re- 

 quirement to preserve the public health. 



To elevate and purify the sources of our citizenship 

 should be the first object of our people. 



The forty-five years that have passed since 1860 have 

 been more fruitful of results than any like period in the 

 world's history. 



The entire cost of operating the government of the 

 United States for the year 1860 was $77,462,102. 



This would only have paid one-half of last year's pen- 

 sion roll. 



This is a striking illustration of the magnitude of the 

 great conflict that raged from 1861 to 1865. 



But it was worth all that it cost. 



In 1776 we were only 3,000,000 people but were all 

 united in the common cause of liberty. 



In 1861 we were 30,000,000 people torn by dissension 

 and engaged in the bloodiest civil war ever witnessed. 



In 1905 we were 80,000,000 again united in fraternity 

 and loyalty. The wounds of 1861 are all healed and the 

 sisterhood of states are vieing with each other in the race 

 for advancement. 



Mere wealth is no longer the main object of life, for the 



