Europe can only recover her peace of mind by remembering that the War is over and done with. Unfortunately, the treaty system not only prevents us from remembering that the War is finished, but determines a state of permanent war.

Clemenceau bluntly declared to the French Chamber that treaties were a means of continuing the War. He was perfectly right, for war is being waged more bitterly than ever and peace is as remote as it ever was.

The problem with which modern statesmen are confronted is very simple: can Europe continue in her decline without involving the ruin of civilization? And is it possible to stop this process of decay without finding some form of civil symbiosis which will ensure for all men a more human mode of living? In the affirmative case what course should we take, and is it presumable that there should be an immediate change for the better in the situation, given the national and economic interests now openly and bitterly in conflict?

We have before us a problem, or rather a series of problems, which call for impartiality and calm if a satisfactory solution is to be arrived at. Perhaps if some fundamental truths were brought home to the people, or, to be more exact, to the peoples now at loggerheads with each other, a notion of the peril equally impending upon all concerned and the conviction that an indefinite prolongation of the present state of things is impossible, would prove decisive factors in restoring a spirit of peace and in reviving that spirit of solidarity which now appears spent or slumbering.

But in the first place it is necessary to review the situation, such as it is at the present moment:

Firstly, Europe, which was the creditor of all other continents, has now become their debtor.

Secondly, her working capacity has greatly decreased, chiefly owing to the negative change in her demographic structure. In pre-war times the ancient continent supplied new continents and new territories with a hardy race of pioneers, and held the record as regards population, both adult and infantile, the prevalence of women over men being especially noted by statisticians. All this has changed considerably for the worse!

Thirdly, on the losing nations, including Germany, which is generally understood to be the most cultured nation in the world, the victors have forced a peace which practically amounts to a continuation of the War. The vanquished have had to give up their colonies, their shipping, their credits abroad, and their transferable resources, besides agreeing to the military and economic control of the Allies; moreover, despite their desperate conditions, they are expected to pay an indemnity, the amount of which, although hitherto only vaguely mentioned, surpasses by its very absurdity all possibility of an even remote settlement.

Fourthly, considerable groups of ex-enemy peoples, chiefly Germans and Magyars, have been assigned to populations of an inferior civilization.

Fifthly, as a result of this state of things, while Germany, Austria and Bulgaria have practically no army at all and have submitted without the slightest resistance to the most stringent forms of military control, the victorious States have increased their armies and fleets to proportions, which they did not possess before the War.