The merchant fleet of Norway, alone, is indeed the third in rank of all the merchant fleets of the world. As is well known, the united kingdoms take an advanced place in the carrying trade by sea. According to what was told me by a distinguished merchant, the transport trade undertaken by Norwegian and Swedish ships between foreign countries is five times greater than that between home and foreign lands. Consequently, as the keen competition between steam and sailing vessels increases, the only country which can dispense with the service of our sailing vessels is England, the great power upon which we may reckon always as an ally. Most of the remaining countries, on the other hand, require our merchant fleet. Since, now, we could not of course defend our merchant service in a war, and other and greater nations may be jeopardized as much as we, it may be assumed that they would be willing, through the neutralization of Scandinavia, to secure its fleet against the eventualities of war. If we add such interests as affect trade and credit, civilization and humanity, to the political interests, it appears that we may plead on grounds of strong probability that the great powers would be willing to guarantee our neutrality. According to the second objection, the country would gain no security from a guaranteed neutrality, even if, contrary to expectation, such could be obtained. Perfect safety cannot be attained here on earth by any system. This is as true for nations as for individuals but I believe that a neutrality thus guaranteed would be a strong protection to our national independence, whilst in a not inconsiderable degree it would contribute to the preservation of peace, and gradually help to lessen the military burdens of all lands; consequently, and in the first place, of our own. Treaties, it is said, are broken as easily as they are made. Even if it be true that this has occurred, it does not necessarily follow that it must continue to occur. New factors may come in making it more difficult to break engagements that have been entered into. Experience shows that righteous laws have been transgressed, but no one would aver that they are therefore unnecessary. As the moral power of the law makes it possible to diminish the police force, so also treaties of neutrality make it possible to diminish the military forces. Besides, our opponents ought to bring forward evidence that the rights of States at present neutralized have been violated. That they have been threatened is true, and it would have been a wonder if this had not happened under the lawless condition which has obtained among nations. The idea of neutrality has, nevertheless, as I have tried to show by many examples, little by little developed into a valid principle of justice; and the growth continues. The neutralization of Scandinavia would bring it a great step forward, to the blessing both of ourselves and of other nations.