The peace of the people.

The address was a rebuke to those who still cherished dreams of a world dominated by one nation. For the peace he outlined was not that of a victorious Emperor, it was not the peace of Cæsar. It was in behalf of all the world, and it was a peace of the people:

"No peace can last, or ought to last, which does not recognize and accept the principle that Governments derive all their just powers from the consent of the governed, and that no right anywhere exists to hand people about from sovereignty to sovereignty as if they were property.

Each people should determine its own polity.

"I am proposing, as it were, that the nations should with one accord adopt the doctrine of President Monroe as the doctrine of the world; that no nation should seek to extend its policy over any other nation or people, but that every people should be left free to determine its own polity, its own way of development, unhindered, unthreatened, unafraid, the little along with the great and powerful.

"I am proposing that all nations henceforth avoid entangling alliances which would draw them into competitions of power, catch them in a net of intrigue and selfish rivalry and disturb their own affairs with influences intruded from without. There is no entangling alliance in a concert of power. When all unite to act in the same sense and with the same purpose, all act in the common interest and are free to live their own lives under a common protection.

Seas must be free.

"I am proposing government by the consent of the governed; that freedom of the seas which in international conference after conference representatives of the United States have urged with the eloquence of those who are convinced disciples of liberty, and that moderation of armaments which makes of armies and navies a power for order merely, not an instrument of aggression or of selfish violence.

"And the paths of the sea must, alike in law and in fact, be free. The freedom of the seas is the sine qua non of peace, equality, and co-operation.

Question of limiting armaments.