There are numerous ways in which a subject nation feels the humiliation and helplessness of her position, but none is so telling and so effective as the subordination of her economic interests to those of the dominant power. This is especially true in these days of free and easy transportation, of quick journeys, and of scientific warfare. In any struggle between nations, the victory eventually must rest with the one in possession of the largest number of "silver bullets." It is true that silver bullets alone will not do unless there are brains and bodies to use them, but the latter without the former are helpless. A nation may be the greatest producer of food; yet she may die of hunger from lack of ability to keep her own produce for herself. Food obeys the behest of the silver bullets. The law of self-preservation, therefore, requires only that nations be free to regulate their own household, subject to the condition that thereby they do not violate the rules of humanity or trample upon the rights of any human being. Mr. Montagu and Lord Chelmsford have, in parts of their Report, been extremely candid. The value of their joint production lies in this candidness. In no other part, perhaps, have they been so candid as in the one dealing with "Industries and Tariff." In Paragraph 331 they frankly admit the truth of the following observation of the late Mr. Ranade on the economic effects of British rule in India: "The political domination of one country by another attracts far more attention than the more formidable, though more unfelt, domination which the capital, enterprise and skill of one country exercise over the trade and manufactures of another. This latter domination has an insidious influence which paralyses the springs of all the various activities which together make up the life of a nation." In the course of a letter addressed to the _Westminster Gazette_ in 1917, Lord Curzon said that "the fiscal policy of India during the last thirty or forty years has been shaped far more in Manchester than in Calcutta." This candid admission about "the subordination of Indian fiscal policy to the Secretary of State and a House of Commons powerfully affected by Lancashire influence," is the keynote of the Indian demand for Home Rule. The authors of the Montagu-Chelmsford Report say so quite frankly and fairly in Paragraphs 332 to 336 of their report, from which we make the following extracts: