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Updated: May 15, 2025


Those who knew anything of war knew this perfectly well; and they more than half suspected that the French force had been doubled or trebled by the panic-mongers. But the panic spread, and spread inland, for all that. No British country had ever been so thoroughly alarmed since England had watched the Great Armada sailing up the Channel. The poets and preachers quickly changed their tune.

Japan had done all this as a result of some quarter of a century spent in modelling and training her Army and Navy on European lines, and adopting European arms of destruction. Of course, so argued the panic-mongers, China must be impressed by such an object-lesson China, which has for so many years past been, and is still being, squeezed by the European Powers.

"But I've heard since that she stopped at Boomville on the way." "Then don't let ME keep you here," returned Demorest. "For if Jim telegraphs to me I shall start for San Francisco at once, and I rather think he will. I did not like to say so before those panic-mongers outside who are stampeding everything; so run along, Barker boy, and ease your mind about the wife.

Churchill's axioms are unchallengeable, the panic-mongers will have it all their own way, and our action will be a stimulus to similar action in Germany, and that action will again re-act on ours, and so on ad infinitum.

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