that never before have the dominating interests of mankind so completely cut across State divisions as they do to-day. The third factor is that never before has it been possible, as it is possible by our means of communication to-day, to offset a solidarity of classes and ideas against a presumed State solidarity.
Never at any stage of the world's development has there existed, as exists to-day, the machinery for embodying these interests and class ideas and ideals which cut across frontiers. It is not generally understood how many of our activities have become international. Two great forces have become internationalized: Capital on the one hand, Labor and Socialism on the other.
The Labor and Socialist movements have always been international, and become more so every year. Few considerable strikes take place in any one country without the labor organizations of other countries furnishing help, and very large sums have been contributed by the labor organizations of various countries in this way.
With reference to capital, it may almost be said that it is organized so naturally internationally that formal organization is not necessary. When the Bank of England is in danger, it is the Bank of France which comes automatically to its aid, even in a time of acute political hostility. It has been my good fortune in the last ten years to discuss these matters with financiers on one side and labor leaders on the other, and I have always been particularly struck by the fact that I have found in these two classes precisely the same attitude of internationalization. In no department of human activity is internationalization so complete as in finance. The capitalist has no country,