No! political sovereignty can be explained by no race theory. From the fall of the first Napoleon until 1848, England with the powers of the "Holy Alliance," or rather with Austria and Russia, held the first place in European politics. From the beginning of 1848 until the Crimean war, England and Russia were in the foreground; after that war it was France and England; now it is Prussia. These are but examples of the political fluctuations which follow each other in continual change, and are seldom of long duration. And do not the champions of the German race theory see that there is a laughing heir behind them in the Sclavonic supremacy? Once admitting the race theory, we must confess that the Panslavist argues well when he says: "The Roman nations are dead; the German are on the point of dying. They once conquered the world; their present effort is the last flicker of the expiring light which points out the road to us. After them comes our race, with fresh vigor on the world's scene. Europe's future is Panslavism." The whole theory is radically false. There are no more primitive races to take the place of the old ones. The Germans are as old as the Romans; or, rather, the Romans were simply Germans civilized before their brethren. Russia alone is young in Europe, but she has nothing new to give us; and physical force, without a new social or moral system accompanying it to establish a conquest, never prevails long. We cannot, therefore, judge of Europe's future by this theory of races. The power of regeneration must be sought for elsewhere. II. LIBERALISM.