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Italy had been wiser to have kept on friendly terms with France, and not launched forth into the expenditure her later alliance entailed. Such were the arguments held forth by an influential portion of the Italian press during the summer and autumn of 1894. They were skilfully supported by similar reasoning in the French journals, and by the end of the year Italy had detached herself from the Triple Alliance.
The other countries were not disposed to move at present. They were too busy watching each other on land to participate in what was intended to be a trial of strength at sea. Russia did not want to cripple herself in the Baltic, where her ironclad construction had long been designed to meet the new fleet of Germany. But she was ready to join France should Austria or Germany intervene. As, however, the struggle did not affect the immense armies in the east and west of Europe, those countries saw little reason to assist us. Indeed Germany stood to gain in any event. Many had been declaring for the last few years that events seemed to point to our decline in commerce and the rise of Germany. Her trading ships were now found in every sea, in some places more numerous than our own. Wherever her sons emigrated they prospered. Had not other nations dominated the ocean as we, and then dropped out of the race? Who could have foreseen the substitution of Holland for Spain, and then the transfer
