Yet everybody knows that there has never been such a
period of safety for the world as we are going through now. All nations are too exhausted to fight. Why should we not use this period for trying to build up an interna- tional comity which will be of such vast convenience that nobody will want to displace it? Great Britain as the greatest Naval Power could make a signal of sincerity and enthusiasm in this cause with a grace and effect that could belong to no other nation. Why not try it ? Such' a policy would enable us to build up our financial reserves which, as the Great War proved, are the final defence of any .country. There would be plenty of time to change our policy if after afew years it were found that the world was so intractable and perverse that nothing but the pre- paration of twee could be regarded as an adequate insurance of natiorA safety. -
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