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 26 ferent their special causes and the conditions from which they sprung might have been, yet exhibit the one great common characteristic feature of wars of expansion. And if we remember the strained relations between England and Russia on account of Thibet, Persia and Afghanistan, the disagreements between Japan and the United States in the winter of 1906, and finally the Morocco conflict of glorious memory with the Franco-Spanish coöperation of December, 1906, we must recognize that the capitalistic policy of colonization and expansion has placed numerous mines under the edifice of world peace, mines whose fuses are in many hands and which can explode very easily and unexpectedly. It is certainly thinkable that a time may come when the division of the world has progressed to such an extent that a policy of placing all possible colonial possessions in trust for the colonial empires