because she has the population, which must, in the case of a highly organized European nation, in the end mean money. Meanwhile, neither side can yield to the other, as the one so doing would, it is felt, be placed at the mercy of the other, a situation which neither will accept.
There are two current solutions which are offered as a means of egress from this impasse. There is that of the smaller party, regarded in both countries for the most part as one of dreamers and doctrinaires, who hope to solve the problem by a resort to general disarmament, or, at least, a limitation of armament by agreement. And there