He traced the marvellous development of the new civilisation, which, in four generations, had raised men from a state of half-barbarous strife and brutality to one of universal peace and prosperity; from inhuman and unsparing competition to friendly co-operation in public, and generous rivalry in private concerns; from horrible contrasts of wealth and misery to a social state in which the removal of all unnatural disabilities in the race of life had made them impossible. He showed how, in the evil times which, as all men hoped, had been left behind for ever, the strong and the unscrupulous ruthlessly oppressed the weak and swindled the honest and the straightforward. Now dishonesty was dishonourable in fact as well as in name; the game of life was played fairly, and its prizes fell to all who could win them, by native genius or earnest endeavour. There were no inequalities, save those which Nature herself had imposed upon all men from the beginning of time. There were no tyrants and no slaves. That which a man’s labour of hand or brain had won was his, and no man might take toll of it. All useful work was held in honour, and there was no other road to fame or fortune save that of profitable service to humanity. “This,” said the President in conclusion, “is the splendid heritage that we of the Supreme Council, which is now to cease to exist as such, have received from our forefathers, who won it for us and for you on the field of the world’s Armageddon. We have preserved their traditions intact, and obeyed their commands to the letter; and now the hour has come for us, in obedience to the last of those commands, to resign our authority and to hand over that heritage to you, the rulers of the civilised world, to hold in trust for the peoples over whom you have been appointed to reign. “When I have done speaking I shall no longer be President of the Senate, which for a hundred and twenty-five years has ruled the world from pole to pole and east to west. You and your parliaments are henceforth free to rule as you will. We shall take no further part in the control of human affairs outside our domain, saving only in one concern. “In the days when our command was established, the only possible basis of all rule was force, and our supremacy was based on the force that we could bring to bear upon those who might have ventured to oppose us or revolted against our rule. We commanded, and we will still command, the air, and I should not be doing my duty, either to my own people or to you, if I did not tell you that the Aerians, not as the world-rulers that they have been, but as the citizens of an independent State, mean to keep that power in their own hands at all costs. “The empire of earth and sea, saving only the valley of Aeria, is yours to do with as you will. The empire of the air is ours,--the heritage that we have received from the genius of that ancestor of mine who first conquered it.