material advantage translatable into terms of general social well-being, by enlarged commercial opportunities, wider markets, protection against the aggression of commercial rivals, and so on. He faces the risk of war in the same spirit as that in which a sailor or a fisherman faces the risk of drowning, or a miner that of the choke damp, or a doctor that of a fatal disease, because he would rather take the supreme risk than accept for himself and his dependents a lower situation, a narrower and meaner existence, with complete safety. He also asks whether the lower path is altogether free from risks. If he knows much of life he knows that in very many circumstances the bolder way is the safer way.
That is why it is that the peace propaganda has so signally failed, and why the public opinion of the countries of Europe, far from restraining the tendency of their Governments to increase armaments, is pushing them into still greater expenditure. It is universally assumed that national power means national wealth, national advantage; that expanding territory means increased opportunity for industry; that the strong nation can guarantee opportunities for its citizens that the weak nation cannot. The Englishman, for instance, believes that his wealth is largely the result of his political power, of his political domination, mainly of his sea power; that