A new force has appeared in the world, and it tends to operate against those countries which are guilty of injustice, whether that injustice is exerted against a State or even only against a single obscure individual. The modern developments of telegraphy and the Press—unfavourable as the Press is in many respects to the cause of international harmony—have placed in the hands of peace this new weapon against war.
(2) International Financial Development. There is another international force which expresses itself in the same sense. The voice of abstract justice raised against war is fortified by the voice of concrete self-interest. The interests of the propertied classes, and therefore of the masses dependent upon them, are to-day so widely distributed throughout the world that whenever any country is plunged into a disastrous war there arises in every other country, especially in rich and prosperous lands with most at stake, a voice of self-interest in harmony with the voice of justice. It is sometimes said that wars are in the interest of capital, and of capital alone, and that they are engineered by capitalists masquerading under imposing humanitarian disguises. That is doubtless true to the extent that every war cannot fail to benefit some section of the capitalistic world, which will therefore favour it, but it is true to that extent only. The old notion that war and the acquisition of territories encouraged trade by opening up new markets has proved fallacious. The extension of trade is a matter of tariffs rather than of war, and in any case the trade of a country with its own acquisitions by conquest is a comparatively insignificant portion of its total trade. But even if the financial advantages of war were much greater than they are, they would be more than compensated by the disadvantages which nowadays attend war. International financial relationships have come to constitute a network of interests so vast, so complicated, so sensitive, that