THE RESULTS OF AN OLD-FASHIONED PEACE
We may now state at what final conclusions we are bound to arrivé, when we consider the results of an old-fashioned peace. They are:
i°. Treaties will be of value only as long as their terms suit the contracting parties. As soon as this is not the case, the party who thinks itself alone or in combination with others, powerful enough will repudiate them. This is true of all possible international treaties of whatever kind. Arbitration treaties are worse than useless, and even absolutely harmful, inasmuch as they tend to weaken the position of those States whose rulers put any trust in them, and thereby have a bona fide motive for lessening their preparedness for war. Such treaties, in fact, offer a premium for political immorality and hypocrisy. 2°. Autocratie Government engenders war. 3°. Protective tariffs .combined with autocratie rule,
make war absolutely unavoidable. 4°. Democratie Government without international Freetrade will not make war unavoidable or impossible.