The time has come for saying these things, and if they are not said in high places humanity will one day call those who occupy those places to a reckoning.

The pact was designed to strengthen the hands of M. Clemenceau against the aggressive party which was then and still is anxious to commit France to the colossal error of annexing territory which has always been purely German.

M. Clemenceau knows full well that Britain has been ready any time during the last three years up to a few months ago to take upon herself the burden of that pact with or without the United States of America. At Cannes early this year I made a definite proposal to that effect. It was a written offer made by me on behalf of the British government to M. Briand, who was then prime minister of France.

I was anxious to secure the co-operation of France in a general endeavour to clear up the European situation and establish a real peace from the Urals to the Atlantic seaboard. French suspicions and French apprehensions constituted a serious difficulty in the way of settlement, and I thought that if it were made clear to France that the whole strength of the British Empire could be depended upon to come to her aid in the event of threatened invasion French opinion would be in a better mood to discuss the outstanding questions which agitate Europe.

International goodwill is essential to the re-establishment of the shattered machinery of international commerce. With a great country like France, to which the issue of the war had given a towering position on the continent of Europe, in a condition of fretfulness, it was impossible to settle Europe.

Hence the offer which was made by the British government. M. Briand was prepared to welcome this offer and to proceed to a calm consideration of the perplexities of the European situation. It was agreed to summon a conference at Genoa to discuss the condition of European exchange, credit and trade. It was also resolved that an effort should be made to establish peace with Russia and to bring that great country once more inside the community of nations. A great start was made on the path of genuine appeasement. The German Government were invited to send their chief Minister to the Cannes conference in order to arrive at a workable settlement of the vexed question of reparations. The invitation received a prompt response, and Dr. Rathenau, accompanied by two or three leading ministers and a retinue of financial experts, reached Cannes in time to take part in the discussions.

The negotiations were proceeding helpfully, and another week might have produced results which would have pacified the tumult of suspicious nations and inaugurated the promise of fraternity. But, alas, Satan is not done with Europe. A ministerial crisis in France brought our hopes tumbling to the ground. The conference was broken up on the threshold of fulfilment.

Suspicion once more seized the tiller, and Europe, just as she seemed to be entering the harbour of goodwill, was swung back violently into the broken seas of international distrust. The offer made by Britain to stand alone on the pact of guarantee to France was rejected with disdain. We were told quite brutally that it was no use without a military convention. This we declined to enter into. Europe has suffered too much from military conventions to warrant the repetition of such a disastrous experiment.

The pact with Britain lies for the moment in the waste-paper basket. But we never flung it there. M. Clemenceau ought to have made his complaint in Paris against men of his own race and not in New York against Englishmen. With the pact went the effort to make peace in Europe.

The history of Genoa is too recent to require any recapitulation of its features. The new French ministry did not play the part of an inviting government responsible for pressing to a successful end the objects of Cannes, but rather that of the captious critic who had to be persuaded along every inch of the road and who threatened at every obstacle to turn back and leave the rest of Europe to struggle along with its burden, amid the mocking laughter of France.