As the contending nations approach that state of exhaustion which presages an end of the war, the question of such a peace becomes increasingly important. Everything points to the conclusion that the time has arrived to debate this subject. If the hopes of August, 1914, that Armageddon would be succeeded by an era of permanent peace are to be realized, they will not come without the serious thought of men who are willing to dare something for their ideals. And if they come out of the present cataclysm it is time to be up and doing. The sentiment that exists in this country, and in other countries, must be organized and made effective at the critical moment. There is nothing more dispiriting to the student of history than to observe as he reads how many favorable moments for turning some happy corner in the progress of humanity were allowed to pass without effort to utilize them. It has been a hundred years since the world had another opportunity like this that faces us, and if it is not now tried out to the utmost possibility, there is little hope that the next century will be as bloodless as the past has been, even with the present conflict included. Every general war in Europe since the days of the Roman Empire has brought humanity there to a state of exhaustion similar to that which now exists. So it was with the Thirty Years’ War, with the wars inaugurated by Louis XIV to establish the predominance of France, and with the Napoleonic wars a century ago. Each of these struggles, it will be observed, extended to a larger portion of Europe than its predecessor; and it was because the common interests of nations were progressively stronger; for it was ever becoming so that what concerned one state concerned others. In the present war the interrelations of nations is such that Japan and the United States have been brought into the conflict, along with China and several of the smaller American states. If the conflict recurs in the future it may be expected to involve a still wider area.