The considerations which support such a policy on America's part are mainly these: First, that if America does not lend the assistance of her detachment from European quarrels to such an arrangement, Europe of herself may not prove capable of it. Second, that if Europe does not come to some such arrangement the resulting unrest, militarism, moral and material degeneration, for the reasons above indicated and for others to be indicated presently, will most unfavorably affect the development of America, and expose her to dangers internal and external much greater than those which she would incur by intervention. Third, that if America's influence is in the manner indicated made the deciding factor in the establishment of a new form of world society, she would virtually take the leadership of Western civilization, and her capital become the centre of the political organization of the new world State. While "world domination" by military means has always proved a dangerous diet for all nations that have eaten of it heretofore, the American form of that ambition would have this great difference from earlier forms--that it would be welcomed instead of being resisted by the dominated. America would have given a new meaning to the term and found a means of satisfying national pride, certainly more beneficial than that which comes of military glory. I envisage the whole problem, however, first and last in this discussion on the basis of America's interest; and the test which I would apply to the alternatives now presenting themselves is simply this: What on balance is most advantageous, in the broadest and largest sense of the term, in its moral as well as its material sense, to American interest? Now I know full well that there is much to be said against the step which I think America should initiate. I suppose the weight of the reasons against it would be in some such order as the following: First, that it is a violation of the ancient tradition of American statecraft and of the rule laid down by Washington concerning the avoidance of entangling alliances. Second, that it may have the effect which he feared of dragging this country into war on matters in which it had no concern. Third, that it will militarize the country, and so, Fourth, lead to the neglect of those domestic problems upon which the progress of our nation depends. I will take the minor points first and will deal with the major consideration presently.