Germany has responded to this desire, but has been able to find no suitable formula, and I am not aware that other Governments have been more successful. The time when wars were made by Cabinets is past. The feelings which here in Europe may lead to war lie elsewhere. They have their roots in antagonisms which must be found in popular sentiment. Everybody knows how easily this sentiment is influenced and how, unfortunately, in many cases, it abandons itself helplessly to irresponsible press agitations. A counterpoise to all such and similar influences can but be desired. I shall be the first to welcome it whenever international efforts succeed in creating such a counterpoise. But if I am to take practical steps and am to propose mutual disarmament to the other powers, then general pacific assurances and adjurations are not enough. With Germany there is no need for such assurances or adjurations, in view of her constant policy throughout forty years, which shows that we seek no quarrels in the world. I should have to submit a fixed, definite programme. Then I should have to consider in all sobriety whether such a programme could be drawn up and carried out. Any one who makes uncertain and vague proposals can easily become a disturber of the peace rather than a peacemaker. I shall have to decline to draw up such a formula and submit it to an international congress. England's Naval Police. England is convinced, and has repeatedly declared, in spite of her desires for the limitation of expenditure on armaments and for the adjustment of any disputes that may arise by arbitral procedure, that her fleet must in all circumstances be superior, or at any rate equal, to any possible combination in the world. England has a perfect right to strive for such a state of things, and, precisely because of the position that I take up toward the disarmament question, I am the last to cast doubts upon it. It is quite another thing, however, to make such a claim the basis of a convention which must be recognized by all the other powers in peaceful agreement. What if counterclaims are raised and the other powers are not satisfied with the roles assigned to them? One only requires to propound these questions in order to see things would not go well for European dignity at any world congress which had to decide upon such claims.