I believe that the great overshadowing result which has come from this
war is the assurance of peace almost everlasting amongst the peoples
of the earth. I would help to make that an absolute certainty
by refusing to permit Germany to prosecute a war after the war.
The military arm of her war machine has been palsied by the tremendous
hammering of the allied powers. But her territory was not invaded,
and if she can get out of the war with her home territory intact,
rebuild a stable government, and still have her foreign markets
subject to her exploitation, by means no less foul and unfair
than those which she has employed on the field of battle,
we shall not be safe from future onslaughts different in methods,
but with the same purpose that moved her on that fateful day in July
when she set out to conquer the world."

Ours is a fair standpoint. Let us know the facts of the chemical
war into which Germany impelled us. Let us examine its mainsprings,
in conception and action, see how far they can be explained
in terms of pre-war Germany, and how far they remain ready
to function in the much desired peace which they threaten.
If the result be unpleasant, let us not hide our heads in the sand,
but exercise a wise vigilance, choose what precautions are available
and consistent with our plans for world peace.

A Critical Point in Disarmament.--Probably never before in the history
of man has Disarmament figured as such a vitally urgent national
and international measure. Discussions and official utterances reveal
a very disquieting tendency.

When compared with the methods, armament and materials of
the war in 1914, those of 1918 reveal basic changes which a