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somewhat lazy and drunken, into "a nation of shopkeepers." It also coincided with the end of the supremacy of France in Europe; France had succeeded to Spain as the leading power in Europe, and had on the whole maintained a supremacy which Napoleon brought to a climax, and, in doing so, crushed. The growing prosperity of England represented an entirely new wave of influence, mainly economic in character, but not less forceful than that of Spain and of France had been; and this prosperity was reflected in the growth of the nation. The greater part of the Victorian period was marked by this expansion of population, which reached its highest point in the early years of the second half of that period. While the population of England was thus increasing with ever greater rapidity at home, at the same time the English-speaking peoples overspread the whole of North America, and colonized the fertile fringe of Australia. It was, on a still larger scale, a phenomenon similar to that which had occurred three hundred years earlier, when Spain covered the world and founded an empire upon which, as Spaniards proudly boasted, the sun never set. When now, a century later, we survey the situation, not only has industrial and commercial activity ceased to be a special attribute of the Anglo-Saxons--since the Germans have here shown themselves to possess qualities of the highest order, and other countries are rapidly rivalling them--but within the limits of the English-speaking world itself the English have found formidable rivals in the Americans. Underlying, however, even these great changes there is a still more fundamental fact to be considered, a fact which affects all branches of the race; and that is, that the Anglo-Saxons have passed their great epoch of expansion and that their birth-rate is rapidly falling to a normal level, that is to say, to the average level of the world in general. Disregarding the extremely important point of the death-rate in its bearing on the birth-rate, England is seen to possess a medium birth-rate among European countries, not among the countries with a high birth-rate, like Russia, Roumania, or Bulgaria, nor among those with a low birth-rate, like Sweden, Belgium, and France. It was in this last country that the movement of decline in the European birth-rate began, and though the rate of decline has in France now become very gradual the long period through which it has extended has placed France in
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