It was my immortal grandfather, his Majesty, Emperor William the Great, who, thoroughly appreciating the significance of the canal for increasing the national welfare and strengthening our defense, devoted his unflagging interest to the plan for the building of an effective waterway between the North and the Baltic Seas and for overcoming the many obstacles which stood in the way of its accomplishment. Joyfully and confidently the affiliated rulers of the empire, as well as the Reichstag, followed the imperial initiative, and for eight years the work was industriously carried on which, as it approached completion, aroused in ever-increasing measure the public interest. What technic on the basis of its great development has been able to accomplish, what was possible through pride and joy in the work, what finally could be done in promoting the welfare of the numberless workers engaged in the task, in accordance with the principles of the humane social politics of the empire, has been accomplished in this undertaking. Therefore the Fatherland dare rejoice with me and my noble colleagues in the success of this enterprise. However, we have worked not only for our own interests. In accordance with the great cultural mission of the German people, we open the locks of the canal to the peaceful trading of the nations with each other, and it will give us great satisfaction if its increasing use shall prove not only that the intentions by which we were led are understood but that they are becoming fruitful in increasing the welfare of the people. The interest in our celebration on the part of the powers whose representatives we see among us, and whose magnificent ships we have to-day admired, I greet with greater joy the more I have the right to see in it the complete justification of our efforts directed toward the righteous maintenance of peace. Germany will also place the work inaugurated to-day in the service of peace and will consider herself fortunate if the Emperor William Canal strengthens and promotes in this service for all time our friendly relations with the other powers. I empty my glass to the friendly sovereigns and powers. Hurrah! Hurrah! Hurrah! IV THE BEGINNING OF WORLD POLITICS JUNE 16, 1896--MARCH 22, 1905 THE BEGINNING OF WORLD POLITICS BERLIN, JUNE 16, 1896