In the financial sphere, too, we find the same comprehensive survey, the same eye for detail, the same forethought and combination. When hostilities broke out British banks held about L1,100,000,000 of their depositors' money. A large percentage of this had been employed to discount foreign, and in especial German bills, so that the paper remained in Great Britain and the gold was transferred to Germany, where it plays its part against us. But those marvellous efforts put forth with such effect by our enemies made no appeal to our rulers. Nowhere in the British Empire was there any man of mark thinking and acting for the community. The political pilots who had charge of the state-ship possessed neither chart nor compass nor rudder. Neither did they feel the need of these things. The Government disbelieved in war and was minded, if a struggle should be precipitated, to keep out of it. Nobody envisaged the needs and interests of the Empire as aspects of a single problem. Nobody had any clear-cut plan for the working out of the destinies of the British people. The interests of party, the expediency of local reforms, the squabbles between this faction and that, constituted the burning topics of the hour, and there were none other. And it was while we were thus wrangling with and threatening each other that the blast of the clarion ushered in the day of doom. The secrets of nature, revealed by science to a nation which acknowledges no restraints, then became weapons of wholesale destruction to be used to subjugate all civilization. Now, there are some reasons for assuming that civilization will escape the thraldom, but there are unhappily equally cogent grounds for apprehending that some of its most precious achievements will be irrecoverably lost and others greatly impaired. Had there been a master mind at the helm of the British state-ship before the war or at its opening, we might have been spared the necessity of signing one day a temporary peace amid the ruins of European culture.