"We have demonstrated on the field of battle that we hold in our hands means of destruction against which it is absolutely impossible for any army fortress or fleet to compete with the slightest hope of victory; and more than this, we are in command of the only organised army and fleet now on land or sea. We have been compelled by the necessities of the case to use our powers unsparingly up to a certain point. That we have not used them beyond that point, as we might have done, to enslave the world, is the best proof that I can give of the honesty of our purposes with regard to the future. "But it must never be forgotten that these powers remain with us, and can be evoked afresh should necessity ever arise. "It is not our purpose to enter upon a war of conquest, or upon a series of internal revolutions in the different countries of Europe, the issue of which might be the subversion of all order, and the necessity for universal conquest on our part in order to restore it. "With two exceptions the internal affairs of all the nations of Europe, saving only Russia, which for the present we shall govern directly, will be left undisturbed. The present tenure of land will be abolished, and the only rights to the possession of it that will be recognised will be occupation and cultivation. Experience has shown that the holding of land for mere purposes of luxury or speculative profit leads to untold injustices to the general population of a country. The land on which cities and towns are built will henceforth belong to the municipalities, and the rents of the buildings will be paid in lieu of taxation. "The other exception is even more important than this. We have waged war in order that it may be waged no more, and we are determined that it shall now cease for ever. The peoples of the various nations have no interest in warfare. It has been nothing but an affliction and a curse to them, and we are convinced that if one generation grows up without drawing the sword, it will never be drawn again as long as men remain upon the earth. All existing fortifications will therefore be at once destroyed, standing armies will be disbanded, and all the warships in the world, which cannot be used for peaceful purposes, will be sent to the bottom of the deepest part of the ocean. "For the maintenance of peace and order each nation will maintain a body of police, in which all citizens between the ages of twenty and forty will serve in rotation, and this police will be under the control, first of the Sovereign and Parliament of the country, and ultimately of an International Board, which will sit once a year in each of the capitals of Europe in turn, and from whose decision there will be no appeal.