I was one of the few who had some inkling of the change of view in France and foretold the peril of Poincaré. In conversation with French people, and especially the ordinary working folk, I gathered that Poincaré no longer held their confidence. They had backed him when he ordered the occupation of the Ruhr, but only because they believed that he would “deliver the goods.” Now they saw that the “goods” were not forthcoming, and that, instead of receiving large reparations from Germany, the franc was dropping, abruptly and perilously. They believed that M. Poincaré was a little too “rigid,” too much of a lawyer, and too little of a business man. They were aware of all the hate that was being built up against them in Germany. They said—many of them—“We are afraid of the future.”

It was above all that fear of the future, the terrifying spectre of a new war, when not the great Black Army of Africa, nor all their submarines, nor all their aeroplanes, would save France from another struggle in which the last of her youth would perish, which overthrew Poincaré and his “rigid” methods. France, by a majority, desired peace, if that could be gained by some new policy, not surrendering security, not weak, but more in accord with the spirit of Liberalism.

There is no doubt in my mind that the result of the elections in Great Britain and the rise of Labour in that country had a powerful influence on the French election. It was a call back to democratic ideals in Europe, against the militarists and Imperialists.

Anyhow it gave Ramsay MacDonald a wonderful, an amazing chance. With Herriot, ex-Mayor of Lyons, advanced Liberal, leader of Labour in France, he could speak on equal terms. They understood each other’s ideas. They knew each other’s difficulties. Herriot, who speaks German well and has studied their system of civic organisation, had an honest desire to be fair and just to Germany while not betraying French interests. He did not call the German people “Sales Boches.” He did not want to kill their babies or starve them to death. He acknowledged that they had a right to live. He wanted to deal with them on business terms and, if possible—if possible!—get their good will and free consent to a plan by which French and Germans may live in the same world without periodical spasms of slaughter. With Herriot and Ramsay MacDonald in cordial agreement on the ideals of peace in the London Conference in August, ten years after the beginning of war, the peace of Europe had a greater chance than any other statesmen of England and France would have made conceivable. Luck, or Fate, was on the side of success.

The London Agreement

Those meetings of the statesmen in No. 10 Downing Street will make a dramatic chapter in history when they come to be written. Behind the representatives of each nation stood the forces of reaction: sullen, menacing, obstructive. Herriot knew that if he yielded too much he would be destroyed by the Conservatives of France, by that formidable power still held by Poincaré and all he stands for in French opinion. Marx and Streseman knew that if they surrendered too much they would be overwhelmed by a Nationalist outburst in their own country. Ramsay MacDonald knew that if he asked either side to ignore their own public opinion the Conference would fail and calamity would follow. The American Ambassador, Kellogg, knew that his people would refuse to guarantee a loan to Germany unless France withdrew demands which deprived it of all security. Time and time again the Conference was on the point of breaking down. The international bankers sat behind the scenes refusing to sanction French plans for further penalties against Germany if she defaulted in future payments. There was anguish among the Germans when Herriot told them that his hands were tied regarding the evacuation of the Ruhr and that no withdrawal could be made until a year more had run. They saw his difficulty as he saw theirs. The French would unseat him if he conceded an earlier withdrawal. He pleaded with them to agree to this condition—utterly opposed to the spirit of the Dawes Report—for the sake of the loan of forty million pounds sterling, future liberty, world peace. The wires were hot with messages to and from Berlin and Paris, where the Governments insisted on national demands. The fate of Europe trembled in the balance, until at last the German representatives yielded to that year in the Ruhr, under protest, with misgivings and forebodings, but with a hope that the enormous disappointment to the German people would be outweighed by the saving of their economic life, the future liberation from hostile occupation, a postponement, at least, of ruin. So the Dawes Report was accepted and signed, and the London Agreement began a new chapter of history in which there is a promise—another chance—of peace at last, and a spirit of conciliation between the nations.

III.—THE PRESENT PERILS

There are still many danger zones through which our civilisation must pass before there is anything like security against calamities which might destroy it for a long chapter of history. There are still many points of peril which make one anxious even for the immediate future, and it seems to me that, without raising imaginary bogies or allowing pessimism to paint too dark a picture, it is necessary to look at these possible causes of trouble and to realise the very thin ground upon which we are all walking above smouldering fires.

The present dangers which must be eliminated somehow lest we all stagger on to catastrophe are of three kinds: racial, social, and economic. The last indeed is of such overwhelming influence upon racial rivalries and social upheavals, that many students of modern history are inclined to believe that it is the underlying meaning of all wars, revolutions, and human struggles. The pressure of population, the need of food, the desire to get raw material for industrial manufactures, national competition to capture trade markets, are, according to the modern school of thought, the main causes of international friction and explosive episodes.

I agree as to the terrific importance of economic facts, especially in this present time of history, when the world has been industrialised, but there are other instincts in the human heart beyond the need of food, other passions besides trade rivalry. The passion of race is one of them. The passion of liberty for the race or nation is intense. National pride, sentiment expressed in symbols, such as the Flag, religious fanaticism, such as that of Islam, set human hearts on fire and make them careless even of self interest or self preservation. Before looking at the economic struggle which is looming ahead, and in my opinion is going to be a possible cause of another world conflict, one may see signs of racial passion stirring in many parts of the world and threatening its future peace.