to an eminent Englishman, who asked him who really directed the policy of Germany, answered: 'It is a difficult question. Nominally, of course, the Emperor is responsible; but he is a man of moods, not a strong man. In reality, the machine runs itself. Whither it is carrying us we none of us know; I fear towards some great disaster.' This seems to be the truth of the matter. No doubt, a romantic imperialism, with dreams of restoring the empire of Charlemagne, was a factor in the criminal enterprise. No doubt the natural ambitions of officers, and the greed of contractors and speculators, played their part in promoting it. But when we consider that Germany held all the winning cards in a game of peaceful penetration and economic competition, we should attribute to the Imperial Government a strange recklessness if we did not conclude that the political condition of Germany itself, and the automatic working of the machine, were the main causes why the attack was made. There is, in fact, abundant evidence that it was so. The scheme failed only because Germany was foolish enough to threaten England before settling accounts with Russia. But this, again, was the result of internal pressure. Hamburg, and all the interests which the name stands for, cared less for expansion in the East than for the capture of markets overseas. For this important section of conservative Germany, England was the enemy. So the gauntlet was thrown down to the whole civilised world at once, and the odds against Germany were too great.