It is the prowess of our navy ... our dominant position at sea ... which has built up the British Empire and its commerce.—London *Times* leading article. Because her commerce is infinitely vulnerable, and because her people are dependent upon that commerce for food and the wages with which to buy it.... Britain wants a powerful fleet, a perfect organization behind the fleet, and an army of defence. Until they are provided this country will exist under perpetual menace from the growing fleet of German *Dreadnoughts*, which have made the North Sea their parade-ground. All security will disappear, and British commerce and industry, when no man knows what the morrow will bring forth, must rapidly decline, thus accentuating British national degeneracy and decadence.—H.W. Wilson in the *National Review*, May, 1909. Sea-power is the last fact which stands between Germany and the supreme position in international commerce. At present Germany sends only some fifty million pounds worth, or about a seventh, of her total domestic produce to the markets of the world outside Europe and the United States.... Does any man who understands the subject think there is any power in Germany, or, indeed, any power in the world, which can prevent Germany, she having thus accomplished the first stage of her work, from now closing with Great Britain for her ultimate share of this 240 millions of overseas trade? Here it is that we unmask the shadow which looms like a real presence behind all the moves of present-day diplomacy, and behind all the colossal armaments that indicate the present preparations for a new struggle for sea-power.—Mr. Benjamin Kidd in the *Fortnightly Review*, April 1, 1910. It is idle to talk of "limitation of armaments" unless the nations of the earth will unanimously consent to lay aside all selfish ambitions.... Nations, like individuals, concern themselves chiefly with their own interests, and when these clash with those of others, quarrels are apt to follow. If the aggrieved party is the weaker he usually goes to the wall, though "right" be never so much on his side; and the stronger, whether he be the aggressor or not, usually has his own way. In international politics charity begins at home, and quite properly; the duty of a statesman is to think first of the interests of his own country.—*United Service Magazine*, May, 1909. Why should Germany attack Britain? Because Germany and Britain are commercial and political rivals; because Germany covets the trade, the colonies, and the Empire which Britain now possesses.—Robert Blatchford, "Germany and England," p. 4. Great Britain, with her present population, exists by virtue of her foreign trade and her control of the carrying trade of the world; defeat in war would mean the transference of both to other hands and consequent starvation for a large percentage of the wage-earners.—T.G. Martin in the London *World*. We offer an enormously rich prize if we are not able to defend out shores; we may be perfectly certain that the prize which we offer will go into the mouth of somebody powerful enough to overcome our resistance and to swallow a considerable portion of us up.—The Speaker of the House of Commons in a speech at Greystoke, reported by the London *Times*. What is good for the beehive is good for the bee. Whatever brings rich lands, new ports, or wealthy industrial areas to a State enriches its treasury, and therefore the nation at large, and therefore the individual.—Mr. Douglas Owen in a letter to the *Economist*, May 28, 1910. Do not forget that in war there is no such thing as international law, and that undefended wealth will be seized wherever it is exposed, whether through the broken pane of a jeweller's window or owing to the obsession of a humanitarian Celt.—London *Referee*, November 14, 1909. We appear to have forgotten the fundamental truth—confirmed by all history—that the warlike races inherit the earth, and that Nature decrees the survival of the fittest in the never-ending struggle for existence.... Our yearning for disarmament, our respect for the tender plant of Non-conformist conscience, and the parrot-like repetition of the misleading formula that the "greatest of all British interests is peace" ... must inevitably give to any people who covet our wealth and our possessions ... the ambition to strike a swift and deadly blow at the heart of the Empire—undefended London.—*Blackwood's Magazine*, May, 1909.
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THE ECONOMICS OF THE CASE
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