for a new world war, under England's leadership, would begin on the day after peace is declared, to shake off the yoke of Prussian-German militarism that would rest upon Europe and Asia. A German victory would be the prelude to an early second. world-war, and therefore, for this reason, but the signal for new feverish armaments, for the unleashing of the blackest reaction in every country, but particularly in Germany, On the other hand a victory of England or France would mean, in all likelihood, for Germany, the loss of a part of her colonies, as well as of Alsace-Lorraine, and certainly the bankruptcy of the world-political position of German militarism. But this would mean the disintegration of Austria-Hungary and the total liquidation of Turkey. Reactionary as both of these states are, and much as their disintegration would be in line with the demands of progressive development, in the present: world-political milieu, the disintegration of the Hapsburg Monarchy and the liquidation of Turkey would mean the bartering of their peoples to the highest bidder—Russia, England, France, or Italy. This enormous re-division of the world and shifting of the balance of power in the Balkan states and along the Mediterranean would be followed inevitably by another in Asia: the liquidation of Persia and a redivision of China. This would bring the English-Russian as well as the English-Japanese conflict into the foreground of international politics, and may mean, in direct connection with the liquidation of the present war, a new world war, perhaps for Constantinople; would certainly, bring it about, inescapably, in the immediate future. So a victory on this side, too, would lead to new, feverish armaments in all nations—defeated Germany, of course, at the head—and would introduce an era of undivided rule for militarism and reaction all over Europe, with a new war as its final goal.
So the proletariat, should it attempt to cast its influence into the balance on one side or the other, for progress or democracy, viewing the world policies in their widest application, would place
