Publisher's Synopsis
Excerpt from The Economic Solution of the European Crisis
We must not lose sight of the fact that, under modern conditions of war, only those nations that can command great economic resources can be very powerful in arms. Now it is certain that these nations will finally come to insist upon freedom of trade. Progress cannot be coerced failing of its normal fulfilment through the agency of ideas, it would attain its realization by force.
Moreover, it is only freedom of international trade that can give to a nation's industries that stability and scour; ity of imports and exports that is indispensable to them; whilst in the absence Of such security powerful nations that are careful Of' their future neither can, nor should, consent to abandon the conception of economic prosperity guaranteed or protected by military power. Whatever ob.
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