Excerpt from Federal Military Pensions in the United States, Vol. 1

In pensions the federal government has paid out considerably more than five billions of dollars to the soldiers of its various wars. The pension system is by far the most important provi sion that has been made for the recognition and reward of mili tary services. The origin of this system, its development, its application to our several wars, its administration, and its politi cal, economic, and moral relations and effects form the subject matter of this investigation.

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