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nturies the leading part in Western Europe; she is even to-day 'over-capitalized,' as it were, possessing a far greater hold over the modern world than her real strength warrants. Even the savage Slavs have profited by our former disunion, and the Russian autocracy not only rules millions of German-speaking subjects, but threatens our frontiers with its great numbers of barbarians, and exercises over the Balkan Peninsula, and therefore over the all-important position of Constantinople, a power very dangerous to European culture as a whole, and particularly to our own culture--which is, of course, by far the highest culture of all. "Some fifty years ago, acting upon the impulse of a group of great writers and thinkers, our statesmen at last achieved that German unity which had been the unrealized ideal of so many centuries. In a series of wars we accomplished that unity, and we amply manifested our superiority when we were once united by defeating with the greatest ease and in the most fundamental fashion the French, whom the rest of Europe then conceived to be the chief military power. "From that moment we have incontestably stood in the sight of all as the strongest people in the world, and yet because other and lesser nations had the start of us, our actual international position, our foreign possessions, the security that should be due to so supreme an achievement, did not correspond to our real strength and abilities. England had vast dependencies, and had staked out the unoccupied world as her colonies. We had no colonies and no dependencies. France, though decadent, was a menace to our peace upon the West. We could have achieved the thorough conquest and dismemberment of France at any time in the last forty years, and yet during the whole of that time France was adding to her foreign possessions in Tunis, Madagascar, and Tonkin, latterly in Morocco, while we were obtaining nothing. The barbarous Russians were increasing constantly in numbers, and somewhat perfecting their insufficient military machine without any interference from us, grave as was the menace from them upon our Eastern frontier. "It was evident that such a state of things could not endure. A nation so united and so immensely strong could not remain in a position of artificial inferiority while lesser nations possessed advantages in no way corresponding to their real strength. The whole equilibrium of Europe was unstable through this contrast
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