of a financial and social character—of the very deepest kind. It was precisely in this section of the subject that German science failed in 1870. There is no evidence that much progress has been made in the study of this phase of the problem by either side since the war—indeed, there is plenty of evidence that it has been neglected. It is time that it was scientifically and systematically attacked.
Those who wish well for Europe will encourage the study, for it can have but one result: to show that less and less can war be made to pay; that all those forces of our world which daily gain in strength make