And that dream of peace was a most significant reason why the above-mentioned third alternative for the future development of Germany was not even taken into consideration. The fact was recognized that new territory could be gained only in the East; but this meant that there would be fighting ahead, whereas they wanted peace at any cost. The slogan of German foreign policy at one time used to be: The use of all possible means for the maintenance of the German nation. Now it was changed to: Maintenance of world peace by all possible means. We know what the result was. I shall resume the discussion of this point in detail later on.

There remained still another alternative, which we may call the fourth. This was: Industry and world trade, naval power and colonies.