What is the obvious cure for this state of things? It stares us in the face. Governments alone should be allowed to manufacture weapons. This ought not to be an industry left in private hands. If a nation, through its accredited representatives, thinks it is necessary to arm itself, it must keep in its own hands this lethal industry. Beyond the Government factories there clearly ought to be no making of weapons all over Europe and the world. [14] There are one or two pamphlets on this subject which are worth consulting, especially _The War Traders_, by G.H. Perris (National Peace Council, St. Stephen's House, Westminster), and _The War Trust Exposed_, by J.F. Walton Newbold (the National Leader Press, Manchester). See also _The War of Steel and Gold_, by H.N. Brailsford, Chapter II, "Real Politics," p. 89. The sentences quoted from Mr. Wells come from _The War that will end War_ (F. and C. Palmer), p. 39. FINANCIAL INTERESTS It has already been remarked that the conditions which limit and control the size of armaments are partly geographical and partly financial, and that while the former represent the minimum, the latter stand for the maximum of protective force. I need say nothing further about the geographical conditions. Every one who studies a map can see for himself what is required by a country anxious to protect its shores or its boundaries. If we suppose that armaments are strictly limited to the needs of self-defence, and if we further assume that in the new Europe countries are not animated by the strongest dislikes against one another, but are prepared to live and let live (a tolerably large assumption, I am aware), we can readily imagine a steady process of curtailment in the absolutely necessary armament. Further, if Great Britain gave up its doctrine of the Right of Capture at Sea (and if Great Britain surrendered it, we may be pretty sure that, after Germany has been made powerless, no other country would wish to retain it), the supposed necessity of protecting lines of commerce would disappear and a further reduction in cruisers would take place. I cannot imagine that either America or Japan would wish to revive the Right of Capture theory if we ourselves had given it up. And they are the most important maritime and commercial nations after ourselves.[15]