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The past of the nation lies with the sunken Cumberland in the waters of Hampton Roads; its future floats about in a new-fangled Monitor, that may combat and defeat the navies of the world or go to the bottom with one inglorious plunge.

When it is considered that in thirteen years the cost of maintenance of the armies and navies of the warring countries, as well as the cost of naval construction, exceeded $20,000,000,000 some idea may be had of the expense attached to war and the preparations of European countries for just such contingencies as those that arose in Europe in 1914.

The months which brought the second year of war to a close were marked by increased activity on the part of all the navies engaged. Several single-ship actions took place, and the Germans pursued their submarine tactics with steady, if not brilliant, results.

Not far distant on the mainland are armies and navies ready for the Grecian war: there are the French panting for vengeance, and in a few days they will burst upon us.

Then, the dwellings and navies of nations and generations yet unborn were growing all around in hundreds of leagues of forest; a dread magnificence of shade darkened the face of the earth, amid which the red man reigned supreme.

"Armies or navies?" and again the Martian shrugged her shoulders, questioning in turn "What for?" "What for!"

War destroys capital when and where actual destruction of property takes place, as now in Belgium, Northern France, and other scenes of actual warfare, and on the sea, where a large number of ships, though small in relation to the total tale of the merchant navies of the world, have been sunk and destroyed. Destruction in this sense has only been wrought, so far, in limited areas.

I surely would have made the thirty cannon of the courtyard teach to that mad rabble the lesson that grapeshot has its uses in struggles for the rights of man!" Jones always had much to say on the organization of navies and the principles of naval warfare.

In the face of this new internationalism, this tangled unity of the world, all proposed political and economic programs reveal a woeful common bankruptcy. They are fragmentary and superficial. None of them go to the root of this unprecedented world problem. Politicians offer political solutions, like the League of Nations or the limitation of navies.

It was Lord Brougham who first said that when slavery brought in 100 percent, while it was seen to be immoral, not all the navies of the world could stop it. Later, when it brought in 300 percent, it became a peculiar institution, patterned after the system of the patriarchs.