sia and France threatened with war after the conference of the monarchs in Reval over the Macedonian question, and war was prevented only by the sudden outbreak of the Turkish revolution; in the beginning of 1909 when Russia replied to the Bosnian annexation with a mobilization, when Germany in Petersburg formally declared its readiness to go to war on the side of Austria; in the summer of 1911 when the "Panther" was sent to Agadir, an act that would certainly have brought on war if Germany had not finally acquiesced in the Morocco question and allowed itself to be compensated with the Congo concession; and finally, in the beginning of 1913, when Germany, in view of the proposed Russian invasion of Albania, a second time threatened Petersburg with its readiness for warlike measures.
Thus the world war has been hanging fire for eight years. It was postponed again and again only because always one of the two sides in question was not yet ready with its military preparations.
So, for instance, the present world war was imminent at the time of the "Panther" adventure in 1911—without a murdered Grand Duke, without French fliers over Nuremberg, without a Russian invasion into East Prussia. Germany simply put it off for a more favorable moment—one need only read the frank explanation of a German imperialist: "The German government has been accused by the so-called pan-Germans of weakness in the Morocco crisis in 1911." Let them disabuse their minds of this false impression, It is a fact that, at the time when we sent the "Panther" to Agadir, the reconstruction of the North-East Sea Canal was still in progress, that building operations on Helgoland for the construction of a great fort were nowhere near completion, that our fleet of dreadnoughts and accessories, in comparison with the English sea power, was in a far more unfavorable position than was the case three years later.
Compared to the present time, 1914, the canal as well as Helgo-
