WAR negotiations would have resulted in no serious diminution of the British and American navies. At the general Dis- armament Conference the determination not to use the machine was manifested even more clearly than in 1927. No government was willing so much as to consider unilateral disarmament, and even the Soviet suggestion of complete disarmament all round was ruled out of order before the Conference had begun. The discussions dragged on for two years—discussions concerned not with dis- armament, but with the kind of weapons to be used in the next war. Finally the Conference was adjourned sine die and the various powers set to work to re-arm on a scale unprecedented in human history. The same obstinate refusal to make use of intrinsically excellent machinery has been displayed at the various conferences on economic and monetary problems. All the economists are agreed that international trade cannot become normal unless tariff barriers are lowered, the quota system abolished, and some satisfactory medium of inter- national exchange established. Nor is this all. Everyone knows that economic warfare, carried on by competitive currency devaluations, by tariffs, quotas and export bounties, is bound to lead sooner or later to military warfare. Never- theless, no government has shown itself ready to make use of any of the excellent machinery specially designed for the purpose of solving the world's economic problemsl It is the same with the Mandate System. The Mandate System is a machine which makes it possible for backward peoples to be placed under the control of "an international authority, not under the exclusive rule of a single nation. In regard to colonies, the world is at present divided into two camps of Haves and Have-nots. The Haves adopt the motto of the British Navy League: What I have I hold. The Have-nots demand a place in the sun, or in more vulgar language, a share in the loot. In recent years these demands 119