"At any time during the past twenty years England could have checked German progress effectively by the establishment of a protective tariff system designed to encourage her own colonies and other nations with whom she had long been on friendly and influential terms, to the utmost development of exclusive trade privileges designed to shut out Germany. Except for the long-established English policy of commercial freedom Germany could not have accomplished for herself what she has. "Germany has been growing rapidly. Her birth rate has been high, but of late it has been falling, and when the war began there were indications that she soon would approach the low ratio of population increase already characteristic of France, of New England and the Middle West in the United States, and lately of England. But Germany's population was still a growing one and, in a sense, a restive one. "The Malthusian theory has not worked out in the civilized world as Malthus supposed it would, for the application of science to manufacturing, agriculture, &c., has prevented increasing populations from pressing upon the means of subsistence; but in all parts of the Western World the standards of living have been raised, the ambitions of the average man and woman have expanded. They have lived better than their parents lived, and they have wished their children to live better still. "However, we can place no limit upon the probable expansion of human desires, and it is true that a population unchecked by the intelligent action of the human will tends to increase at a rate more rapid than that at which it is possible to raise the actual plane of human living. "The speed of the working of the two rules is different, perhaps, but both are dynamic, and the population of Germany tended to grow more rapidly than betterment of conditions could be provided, even under the nation's splendid governmental and commercial efficiency. "The natural yearning of the nation, therefore, was toward colonial expansion, and, although note that I make no charges against either the German Government or German people, the nation probably has wished sovereignty over Western Europe, through Belgium and Holland to the sea. Its narrow outlet through Hamburg and Bremen was insufficient for its needs. "Of course, its trade and economic advance has sometimes conflicted with that of other nations. It is natural for Germany to suppose that England tried to block it. However, I think that all the evidence which Germany has brought forward in proof of this is weak and improbable, because England's great source of revenue has been her foreign trade, and, above all, her carrying trade, and I am not partisan but stating the obvious when I say that England prospers when the rest of the world prospers, and that she has profited mightily through Germany's commercial advance.