1910 £14,755,289 £ 4,977,682 £ 1,424,013 £11,392,856 1911 £15,148,171 £ 5,876,659 £ 3,216,396 £11,710,859 1912 £16,132,558 £ 7,114,876 £ 6,897,580 £11,491,187 1913 £16,883,875 £ 8,893,064 £12,082,516 £11,010,883 1914 £18,676,080 £11,772,862 £13,098,613 £10,316,264 These figures can not be too carefully studied by those who have been led to think that Germany pounced upon a defenceless and unsuspecting Europe like a cat upon a mouse. If it be thought worth while to consider also the period of a few years preceding 1909, one finds that England's superiority in battleships alone was 112 per cent in 1901, and her superiority rose to nearly 200 per cent in 1904; in which year England spent £42,431,000 on her navy, and Germany £11,659,000. Taking the comparative statistics of naval expenditure from 1900, in which year England spent £32,055,000 on her navy, and Germany spent £7,472,000, down to 1914 it is absolutely impossible to make the figures show that Germany enforced upon the other nations of Europe an unwilling competition in naval armament. But the German army! According to all accounts of German militarism which were suffered to reach these shores, it is here that we shall find evidence of what Mr. Lloyd George, on 4 August, 1917, called "the most dangerous conspiracy ever plotted against the liberty of nations; carefully, skilfully, insidiously, clandestinely planned in every detail, with ruthless, cynical determination." Well, if one chooses to hold the current view of German militarism, it must be admitted that Germany had at her disposal some miraculous means of getting something for nothing, getting a great deal for nothing, in fact, for on any other supposition, the figures are far from supporting that view. In 1914 (pre-war figures), Germany and Austria together carried an army-expenditure of £92 million; England, France and Russia together carried one of £142 million. England "had no army," it was said; all her military strength lay in her navy. If that were true, then it must be said that she had as miraculous a faculty as Germany's; only, whereas Germany's was a faculty for getting more than her money's worth, England's was for getting less than her money's worth. England's army-expenditure for 1914 (pre-war figures) was £28 million; £4 million more than Austria's. Nor was this a sudden emergency-outlay. Going back as far as 1905, we find that she laid out in that year the same amount, £28 million. In that year, Germany and Austria together spent £48 million on their armies; England, France and Russia together spent £94 million on theirs. If between 1905 and 1913, England, France and Russia spent any such sums upon their armies as their statistics show, and nothing came of it but an unprepared and unsuspecting Europe in 1914, it seems clear that the taxpayers of those countries were swindled on an inconceivably large scale. IV