“I tell you with the certainty of positive knowledge that while we are the richest nation of the known world we are the least prepared to defend ourselves under the conditions of modern war. Our navy is good—what there is of it. But if it is inadequate, it is of no value whatever. I tell you that it is inadequate and my statement is backed by every expert in the service. If we were attacked tomorrow by any nation of Germany’s sea power our ships would sink to their graves, our men to certain death.

“No braver men walk this earth than ours. They are ready to die for their country. We have no right to murder them for this reason. If they die, it should be to some purpose. We should give them the best weapons on earth and the best training. They have the right to a fair chance with any foe they face. We have a mobile army of thirty thousand men with which to defend a hemisphere! We assert our guardianship of all America. It is known to all men that a modern army of one hundred and fifty thousand landed on our shores could complete the conquest of the Atlantic seaboard in twelve days.

“Our friends who clamor for peace in a world at war tell us that an attack on our nation is a possibility too remote for discussion. The same men in June, 1914, declared that war in Europe was a physical and psychological impossibility. Now they tell us with equal solemnity that this war, which they declared could never be, is so appalling that it will be the last. They tell us that the world will now disarm and we must lead the way!

“If the world disarms, Europe must lead the way. We are already practically disarmed.

“Who in Europe will dare to lead in such a movement!

“Will Germany disarm?

“Will she at this late hour surrender her ambitions to expand? Will she sign the death warrant to the aspirations of the men who created her mighty Empire? Will she expose her eastern frontier to the raids of Cossack hordes?

“Could Russia disarm?

“Would she consent to risk the dismemberment of her vast domain?

“Could England with her empire on which the sun does not set—could England disarm and lay her centers of civilization open to the attack of black and yellow millions?