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oms us to dangerous hallucinations. We assume that we are the chosen people, and we neglect the virtues which alone would justify our election. For generations we have been reaping and wasting, instead of ploughing and sowing. We have been living on our capital, nay, on our credit, and have long since overdrawn our account. Our successes in the past, sometimes the result of fortuitous circumstances, more often of the blunders of our rivals, inspire a presumptuous confidence in successes for the future and a conviction that come what may we are destined to muddle through. A special providence is watching over us--a cousin German to the Kaiser's "good old God." In truth we are tempting Fate, postulating an exception to the law of cause and effect, and looking for Hebrew miracles in the twentieth century after Christ. Were it otherwise, the nation would not have continued to entrust its destinies to the men who misguided it consistently and perseveringly for so many years, to the watchmen who saw nothing of the rocks and sandbanks ahead which it was their function to discern and their duty to avoid, and who are now unwittingly but effectually deluding the people into believing that the present campaign, which is but a single episode in a long-spun-out contest, is an independent event which began in August 1914 and may end this year or the next. These same leaders are busily inculcating the delusive notion that the diplomatic instrument which will one day close hostilities will be a treaty of peace. And they are seemingly prepared to negotiate its terms on that assumption. In truth, we are engaged in a duel which began thirty years ago, gave the Germans such booty as Heligoland, their world-trade, their wealth, their formidable navy, their Baghdad Railway, their various overseas colonies, their European Allies, and the enormous resources with which when this acute phase of the contest is over they will re-transfer the venue to the economic and political domains and carry on the struggle with greater vigour than before. And peace terms concluded on any other supposition cannot be conducive to the national welfare. We are locked in a deadly embrace with a compact people of 120,000,000, of indomitable spirit, boundless resources, unquenchable faith and a single aim. Yet we are already looking forward to the time in the near future when our intercourse, however circumscribed, with this nation will be essentially pacific, a
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