In peace-time it was already lamentable enough that the policy of alliances, because it had no active and aggressive aims in view, ended in a defensive association with antiquated States that had been pensioned off by the history of the world. The alliance with Austria, as well as that with Turkey, was not much to be joyful about. While the great military and industrial States of the earth had come together in a league for purposes of active aggression, a few old and effete States were collected, and with this antique bric-à-brac an attempt was made to face an active world coalition. Germany had to pay dearly for that mistaken foreign policy and yet not dearly enough to prevent our incorrigible visionaries from falling back into the same error again. For the attempt to make possible the disarmament of the all-powerful