I.
In the universal readjustment—or, to use the favourite expression of Nietzsche, in the “transvaluation”—of political and spiritual values which must follow the war, we may confidently expect a general slump in all German values. There will be a slump in German education and in German erudition, in German music and in German watering-places. There will be a slump in that “exclusive morality” for which Lord Haldane could not find an equivalent in the English language, and for which, in his famous Montreal address, he could only find an equivalent in the German word Sittlichkeit. But, most important of all, there will be a lamentable slump in the most highly prized of all German values—German theology.
Germany may still retain a monopoly of toys; Germany may still continue to supply Princes to the vacant thrones of Europe; but it is eminently probable that God Almighty will cease to be made in the Vaterland.