law and of covenant for the life of the
world--we shall be willing and glad to pay the full price for peace
and pay it ungrudgingly. We know what that price will be. It will be
full, impartial justice--justice done at every point and to every
nation that the final settlement must affect, our enemies as well as
our friends.

You catch with me the voices of humanity that are in the air. They
grow daily more audible, more articulate, more persuasive, and they
come from the hearts of men everywhere. They insist that the war
shall not end in vindictive action of any kind; that no nation or
people shall be robbed or punished because the irresponsible rulers
of a single country have themselves done deep and abominable wrong.
It is this thought that has been expressed in the formula, "No
annexations, no contributions, no punitive indemnities."

THE PEOPLE OF RUSSIA LED ASTRAY

Just because this crude formula expresses the instinctive judgment as
to the right of plain men everywhere, it has been made diligent use
of by the masters of German intrigue to lead the people of Russia
astray, and the people of every other country their agents could
reach, in order that a premature peace might be brought about before
autocracy has been taught its final and convincing lesson and the
people of the world put in control of their own destinies.

But the fact that a wrong use has been made of a just idea is no
reason why a right use should not be made of it. It ought to be
brought under the patronage of its real friends. Let it be said again
that autocracy must first be shown the utter futility of its claims
to power or leadership in the modern world. It is impossible to apply
any standard of justice so long as such forces are unchecked and
undefeated as the present masters of Germany command. Not until that
has been done can right be set up as arbiter and peacemaker among the
nations. But when that has been done--as, God willing, it assuredly
will be--we shall at last be free to do an unprecedented thing, and
this is the time to avow our purpose to do it. We shall be free to
base peace on generosity and justice, to the exclusion of all selfish
claims to advantage, even on the part of the victors.

Let there be no misunderstanding. Our present and immediate task is
to win the war, and nothing shall turn us aside from it until it is
accomplished. Every power and resource we possess, whether of men, of
money, or of materials, is being