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Table of Contents

THE ECONOMICS OF THE CASE

European country, but more especially in Germany. Even so "Liberal" a statesman as Baron Karl von Stengel, the German delegate to the First Hague Peace Conference, lays it down in his book that—

Every great Power must employ its efforts towards exercising the largest influence possible, not only in European but in world politics, and this mainly because economic power depends in the last resort on political power, and because the largest participation possible in the trade of the world is a vital question for every nation.

The writings of such classic authorities as Clausewitz give full confirmation

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