We, the people of the United States of America, are at this moment, and have been for many years, afflicted with a dominating egoistic obsession concerning our greatness, our importance, and our power, while we correspondingly underrate the greatness, the importance, and the power of other nations and races. Our accomplishments have indeed been marvelous, and we have not neglected to award them all the marveling that is their due. There is no denying the fact that in many competitive pursuits requiring intellectual acuteness for the greatening of material welfare we have outstripped the rest of the world. But the rest of the world has been busy, too, and though we may possibly deserve more credit for our accomplishments in the aggregate than any other people, still, others have far outdone us in many important respects. Our hitherto isolated and unassailable geographical position has enabled us to utilize our unequaled resources to become the greatest industrial and the wealthiest people in the world. We have not been obliged to concern ourselves very much thus far with measures for national security, and having at home all the land we needed, we have acquired the habit of looking upon national armaments in the light of frills, which we must maintain merely for national respectability. Many of us look upon our Navy as dress-parade paraphernalia, to be worn on gala occasions. Our response to the advocacy of a sufficient navy, of coast fortifications, and of a standing army adequate to our needs, has been that we have no use for either army or navy, and that coast fortifications would be a useless expense. Our enormous wealth and inexhaustible resources have been and still are pointed out as reasons why we require no armaments, although, as a matter of fact, they are the strongest possible reasons for armaments of a magnitude proportionate to that wealth and those resources. In America, we pride ourselves upon our so-called free institutions, blindly believing that they are free, and that, therefore, every man being an aristocrat, we, by consequence, have no aristocracy, entirely oblivious to the fact that we have merely substituted the esteem of wealth, and the power and the privilege which it represents, for the esteem of family worth and family name, and the power and the privilege which they represent. Isolation and wealth beget vanity and arrogance; and vanity, resting upon the laurels of past accomplishments, rapidly fosters decadence and weakness; so that the very pride of strength and virility begets weakness and effeminacy.