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The Price of Glory

A look at what our national memorials cost.
Martin Luther King monument
It's been more than a decade since Congress approved a national memorial for Martin Luther King Jr. So why hasn't construction started?  Read More
Washington Monument
Illustrations by Christine Chan
Washington Monument
$27.3 million
This D.C. icon began as a volunteer effort in 1848, but funding tanked before the Civil War. In 1877, Congress picked up the tab to finish construction; the obelisk was dedicated in 1885.


Vietnam Memorial
Vietnam Veterans Memorial

$9.2 million
Money for the wall, dedicated in 1982, was raised privately and included donations from Exxon and Boeing. A $100 million fundraising drive has been launched to build an underground visitors center nearby.

FDR Memorial
Franklin Delano Roosevelt Memorial

$63 million
Private donors funded this memorial, which was dedicated in 1997. Disability activists later raised more than $1.5 million for a second statue depicting F.D.R. in his wheelchair.

World War II Memorial
National World War II Memorial
$200 million
Donors included Exxon Mobil, FedEx, the National Funeral Directors Association, and Wal-Mart. Supporters fought off lawsuits and criticism that derided the design as "vainglorious." The memorial was dedicated in 2004.

Note: Costs are adjusted for inflation.

 
 

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