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 court. There remains one Power that will still feel the lust of territory. Germany conspicuously thwarted in Europe the advance of the pacifist reform because, as the whole world now sees, it had an aggressive territorial ambition. We may assume that Austria will now be cured of its lawless and costly designs, and that Germany will remain the one unsated and discontented nation. But Europe will surely have the elementary wisdom of refusing to maintain its terrible burden on that account. It will pay us better to meet the real economic need of Germany by a generous colonial deal, and then to use the power of an international polity to destroy and prevent the revival of militarism in that country.

We should thus remove the last serious obstacle to the reform, and the work might advance rapidly. The tribunal, as I said, exists, and has had more experience than is generally realised. The Hague Conference of 1907 established a Prize Court, with permanent salaried judges, and an Arbitration Court. A large number of very grave quarrels have since been adjusted by this tribunal, and, as Professor Schücking observes, “more than a hundred contracts between States have been concluded in which, on each occasion, two States made the Arbitration Court obligatory.” But, largely owing to the opposition of Germany and the general apathy, the Court remained optional, and the Powers maintained their armies for the settlement of quarrels in the old barbaric manner. The