A practicable _rapprochement_ between his country and Great Britain was the dream with which M. de Bethmann-Hollweg most willingly soothed himself, without the treacherous _arrière-pensèe_ which the Prince von Bülow perhaps would have had of finishing later on, at an opportune moment, with the British Navy. Nothing authorizes us to believe that there was not a basis of sincerity in the language of M. de Jagow when he expressed to Sir E. Goschen in the course of their last painful interview his poignant regret at the crumbling of his entire policy and that of the Chancellor, which had been to make friends with Great Britain, and then through Great Britain to get closer to France.[1] Meantime the considerations I have here laid before the reader, in relation to this general question of Anglo-German rivalry, are, I submit, all relevant, and must be taken into fair consideration in forming a judgment. The facts show clearly that Germany was challenging as well as she could the British supremacy at sea; that she was determined to become a naval as well as a military Power; and that her policy was, on the face of it, a menace to this country; just as the creation on our part of a great conscript army would have been taken by Germany as a menace to her. The British Government was bound to make counter-preparations. I, for my own part, have never disputed it. I have never thought, and do not now think, that while the European anarchy continues, a single Power can disarm in the face of the others. All this is beyond dispute. What is disputable, and a matter of speculative inference, is the further assumption that in pursuing this policy Germany was making a bid to destroy the British Empire. The facts can certainly be accounted for without that assumption. I myself think the assumption highly improbable. So much I may say, but I cannot say more. Possibly some day we may be able to check conjecture by facts. Until then, argument must be inconclusive. This question of the naval rivalry between Germany and Great Britain is, however, part of the general question of militarism. And it may be urged that while during the last fifteen years the British Government has shown itself favourable to projects of arbitration and of limitation of armaments, the German Government has consistently opposed them. There is much truth in this; and it is a good illustration of what I hold to be indisputable, that the militaristic view of international politics is much more deeply rooted in Germany than in Great Britain. It is worth while, however, to remind ourselves a little in detail what the facts were since they are often misrepresented or exaggerated.