But the day of the big military power will surely pass with the defeat of Prussian militarism, and the nations should see to it that never again shall one country deliberately arm herself so as to be a menace to the world’s peace. Is it not possible that the great nations should have an amalgamated navy and army powerful enough to command peace from insurgents--to be a sort of world-wide police? Surely at some conference of the Powers a decision should be arrived at by which the boundaries and influence of nations could be fixed for all time, with due regard to the scope required for the natural development of the ambitions of each. It is certain that there is enough territory in the world for the peoples of the earth; it is equally certain that the laws of supply and demand would balance and leave a reasonable living for all the people of the world if only economic conditions could be properly adjusted. I fancy that here lie the big problems of the future--not the conquering of one another by the force of sword and gun, but the equalisation of the possibilities of possession. There are too many men with big fortunes and too many homes with not sufficient income; on the face of it there should be a way to balance these discrepancies, and there the big thinkers and the students of political economy will step in. The ultimate destiny of the world, when this terrible war is over and done with, will rest upon the shoulders of those thinkers and economists, and upon the success of their efforts will depend the peace and happiness of our children’s children. I know that here I am laying down the ethics of Socialism, but not the Socialism that depends upon labour upheavals in which the worker merely seeks to get all he can from the employer, but that larger Socialism whose aim is the good of the community as opposed to the fortune of the individual in the pursuit of the general well-being. I see all over the world evidences that this spirit is alive and prospering. In Switzerland, for instance, if a company earns more than a certain percentage upon its capital the surplus goes to the State to be used in the public interest--subsidise education and mitigate such poverty as there may be. As a fact--and as a result--you see very little poverty in Switzerland. In the Scandinavian countries, too, no man may become absurdly wealthy, and even in rich England a levelling-up process is in the act of formation by means of taxes upon the very wealthy. Soon I am hopeful that this spirit will spread among our Governments; it is the way to universal peace, for unquestionably money and the acquisition of money lies at the back of most international unrest.