But I must here warn everyone concerned that the most formidable opposition to the break-up of these unnatural alliances between east and west, between Democracy and Autocracy, between the twentieth century and the Dark Ages, will not come from the Balancers of Power. They are not really Balance of Power alliances: in fact, they are tending to an enormous overbalance of power in favor of the east as against the west and in favor of Militarist Autocracy as against Democracy. They are at root absolutely unpatriotic, even absolutely conscienceless products of commercial finance; and the Balance of Power theories are only the attempts of our diplomats to put a public spirited face on the operations of private cupidity. This is not the first time nor the second that I have had to urge that the greatest danger to us in the sphere of foreign politics is the tendency of capital to run away from civilization: the one running downhill to hell as naturally as the other struggles uphill to the Celestial City. The Englishman is allowed to produce the subsistence of himself and his family only on condition that he produces the subsistence of the capitalist and his retainers as well; and lo! he finds more and more that these retainers are not Englishmen, but Russians, South Americans, Kaffirs, Persians, or yellow or black barbarians armed for his destruction (not to mention Prussians and Austrians), and that the treaties made by our diplomatists have less and less to do with the security of the nation or the balance of power or any other public business, and more and more with capitalist opportunities of making big dividends out of slavish labour. For instance, the Anglo-Russian agreement is not a national treaty: it is the memorandum of a commercial agreement settling what parts of Persia are to be exploited by the Russian and English capitalists respectively; the capitalists, always against State interference for the benefit of the people, being very strongly in favor of it for coercing strikers at home and keeping foreign rivals off their grass abroad. And the absurd part of it is that when the State has thus arranged for our capitalists to exploit certain parts of Persia, and for their sakes to protect the parliamentary liberties of the part left to Russia, they discovered that, after all, the most profitable game was to lend Russia the money to exploit with, and to facilitate the operation by allowing her to destroy the Persian parliament in the face of our own exhortation to it to keep the flag flying, which we accordingly did without a blush. The French capitalists had dragged France into an alliance with Russia long before this; but the French Republic had the excuse of the German peril and the need for an anti-German ally. Her natural ally for that purpose was England; but as there was no market in England for her money, her plutocrats drove her into the alliance with Russia as well; and it is