“Germany is not a Mediterranean Power; but she was a party to the Madrid Convention of 1880, which regulated the status of protected Europeans in the Shereefian Empire, and in 1890 she concluded by herself a commercial treaty with the Makhzen. Her trade in this region, it is true, is still much less in bulk than that of England and France, but in the movement for the extension of German commerce—a movement that has been developing on a grand scale for the past twenty-five years—Morocco is not regarded by manufacturers and traders as a negligible quantity. On the contrary, they not only aim at enlarging their business transactions with that country, but they have their eye upon its mineral wealth. It is accordingly to their advantage that Morocco should remain an entirely unrestricted field for European competition. That the country is in a state of anarchy is a matter of indifference to them; this, after all, is its normal condition, its endemic disease, and must inevitably last for a long time to come. From a political point of view, the Imperial Government cannot help regarding the negotiations carried on with other States, for the purpose of inducing them to recognize the validity of the Anglo-French treaties, as a slur on its prestige. The Emperor clearly stated, in a speech delivered on July 3, 1900, that he would not allow the German nation to be ignored when any important step was to be taken in the realm of international affairs. The decision as to the future of Morocco certainly comes under this head. Most questions can be settled by a compromise or a bargain. Germany’s consent would have been obtained if a reasonable price had been offered—_e.g._, territorial compensations in some other part of Africa, since she is burning with an irrepressible desire to colonize, a desire that, through Bismarck’s lack of foresight, she was unable to gratify while there was still time.” Would the war of 1914 have been averted if, ten years earlier, the Moroccan question had been settled, almost as soon as it was raised, by an agreement with the Imperial Government? There is no reason to think so. Quite apart from the secret designs of the Imperial Government, which have since come to light, several of the factors contributing towards the 1914 crisis were non-existent in 1904 and had nothing to do with Morocco. The Balkan conflicts, the Austro-Serbian disputes, were in themselves quite enough to ignite the powder-magazine. But we may fairly assume that, but for Morocco, the dangerous tensions of 1905 and 1911 would not have arisen; that Europe would have enjoyed a more restful life than during those two years; and that the hostile feeling reawakened on both sides of the Vosges would not have reached the same degree of acuteness. The Moroccan imbroglios led many Germans, peacefully minded till then, to look upon a new war as a necessary evil.