The number of men killed at Trafalgar, leaving out the wounded, was only 449. On the _Victory_ itself 57 were killed, on the ‘Fighting’ _Téméraire_ 47, on the _Royal Sovereign_ 47, on the _Belle Isle_ 33, or a total of 184 killed in the four leading ships. But the _Cressy_, the _Aboukir_, and the _Hogue_ were sunk in fifteen minutes—without seeing the submarine that sank them—and 680 seamen were drowned, a loss fifty per cent. greater than that of the whole of Nelson’s fleet at Trafalgar. Sir David Beatty’s two battle-cruisers, the _Queen Mary_ and the _Indefatigable_, were sunk in a time as brief as the three unfortunate cruisers, and sunk when travelling at their highest speed, and firing as they raced. Each carried a complement of 900 men, and when they went down the loss of life was four times as great as that of Trafalgar. A century hence what may be called the German psychology, as revealed in this war, will still puzzle the curiosity and challenge the imagination of unborn generations. For the first time in history we have the spectacle of a nation of seventy million people, Christian in faith, highly civilised, strong on the practical side, of shrewdest business capacity, with a genius for business and for organisation, a nation that has given to education, or what it thinks is education, a larger place in its life than any other in history, yet which somehow is smitten with a sort of insanity, an insanity partly moral and partly intellectual. And what heightens the wonder is the circumstance that it mistakes its very lunacy for culture. To make the tragedy complete, it is an insanity organised, armed, disciplined, terrible, equipped with all the resources of science, and having borrowed from science new engines and subtleties of destruction without precedent in the history of war. In its essence what we are watching is the spiritual bankruptcy of a great nation; but the whole story bristles with psychological problems. Its spiritual landmarks have shifted. Good and evil are terms in its politics which have not merely lost, but—a much more terrible thing—have _exchanged_ their significance. It mistakes might for right. It labels its vices as virtues.