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4 victual new marine monsters, or renew the equipment and supplies of old ones. And because Free-Trade Britain has become the rendezvous of the world's shipping, the distributing centre of the world's wealth, she is strong in the self-interest of all other countries, for which among them can desire the dislocation or even temporary interruption of this inflow and outflow of the world's trade? Certainly not Germany, the volume of whose yearly exchanges with her amounts to over a hundred millions sterling.

Still, since history presents many instances of Governments acting in opposition to the true interests of their subjects, and others, hardly less numerous, of individuals or classes working on the passions and fears of the bulk of the people to bring about a war by which they hope to profit, it is incumbent on Great Britain not to trust too confidently to the enlightened self-interest of other nations, and, therefore,