If Mr. Angell's book had given me the same impression as that which I gain from his letter, I should have reviewed it in a different spirit. I can only plead that I wrote under the impression which the book actually made on me. In reply to his "statement of fact," I must ask your leave to make the following corrections: (1) Instead of saying that, on Mr. Angell's showing, Englishmen would be "equally happy" under German rule, I ought to have said that they would be equally well off. But on his doctrine that material well-being is "the very highest" aim of a politician, the two terms seem to be interchangeable. (2) The "existing European order" rests on the supposed economic value of political force. In opposition to this Mr. Angell maintains "the economic futility of political force." To take measures for perpetuating an order founded on a futility does seem to me "irrational." (3) I never said that Mr. Angell objects to spending money on armaments "while the present philosophy is what it is." (4) The stress laid in the book on the economic folly of patriotism, as commonly understood, does seem to me to suggest that "sentiment should be banished from politics." But I admit that this was only an inference, though, as I still think, a fair inference. (5) I apologize for the words "the burglar's gospel." They have the fault, incident to rhetorical phrases, of being more telling than exact. This rejoinder, as a matter of fact, still reveals the confusion which prompted the first criticism. Because I urged that Germany could do England relatively little harm, since the harm which she inflicted would immediately react on German prosperity, my critic assumes that this is equivalent to saying that Englishmen would be as happy or as prosperous under German rule. He quite overlooks the fact that if Germans are convinced that they will obtain no benefit by the conquest of the English they will not attempt that conquest, and there will be no question of the English living under German rule either less or more happily or prosperously. It is not a question of Englishmen saying, "Let the German come," but of the German saying, "Why should we go?" As to the critic's second point, I have expressly explained that not the rival's real interest but what he deems to be his real interest must be the guide to conduct. Military force is certainly economically futile, but so long as German policy rests on the assumption of the supposed economic value of military force, England must meet that force by the only force that can reply to it.