the other States either did the same or joined in the fray through compulsion, bribery, or their judgment as to which side their bread was buttered. And at the present moment, though the main fighting has ceased through the surrender of Germany on terms which the victors have never dreamt of observing, the extermination by blockade and famine, which was what forced Germany to surrender, still continues, although it is certain that if the vanquished starve the victors will starve too, and Europe will liquidate its affairs by going, not into bankruptcy, but into chaos. Now all this, it will be noticed, was fundamentally nothing but an idiotic attempt on the part of each belligerent State to secure for itself the advantage of the survival of the fittest through Circumstantial Selection. If the Western Powers had selected their allies in the Lamarckian manner intelligently, purposely, and vitally, _ad majorem Dei gloriam_, as what Nietzsche called good Europeans, there would have been a League of Nations and no war. But because the selection relied on was purely circumstantial opportunist selection, so that the alliances were mere marriages of convenience, they have turned out, not merely as badly as might have been expected, but far worse than the blackest pessimist had ever imagined possible. CIRCUMSTANTIAL SELECTION IN FINANCE How it will all end we do not yet know. When wolves combine to kill a horse, the death of the horse only sets them fighting one another for the choicest morsels. Men are no better than wolves if they have no better principles: accordingly, we find that the Armistice and the Treaty have not extricated us from the war. A handful of Serbian regicides flung us into it as a sporting navvy throws a bull pup at a cat; but the Supreme Council, with all its victorious legions and all its prestige, cannot get us out of it, though we are heartily sick and tired of the whole business, and know now very well that it should never have been allowed to happen. But we are helpless before a slate scrawled with figures of National Debts. As there is no money to pay them because it was all spent on the war (wars have to be paid for on the nail) the sensible thing to do is to wipe the slate and let the wrangling States distribute what they can spare, on the sound communist principle of from each according to his ability, to each according to his need. But no: we have no principles left, not even commercial ones; for what sane commercialist would decree that France must not pay for her failure to defend her own soil; that Germany must pay for her success in carrying the war into the enemy's country; and that as Germany has not the money to pay, and under our commercial system can make it only by becoming once more a commercial competitor of England and France, which neither of them will allow, she must borrow the money from England, or America, or even from France: an arrangement by which the victorious creditors