Such a commercial union, embracing various peoples, could only lead to moderation in foreign politics, and would be the best guarantee for the peace of the universe. A brisk interchange of commodities, a fruitful interchange of cultural ideas would result from such a union, connecting the polar seas with the Mediterranean, and the Netherlands with the Steppes of Southern Russia.

All States participating in this union would gain thereby. But one European country would be the loser, _Great Britain, the land of promise for the middleman_; that, according to German comprehension, at present gains a living by skimming the cream from the trade industry of other nations by facilitating the exchange of goods, and making profits by being the banking centre of the world.

New York Times Current History: The European War, Vol 2, No. 1, April, 1915 — Part 181

The Germans declare that there is no reason for such a middleman's existence in our day. The banking system is now so developed in all civilized lands that, for example Sweden can remit direct to Australia or the Argentine for goods obtained thence, instead of making payment via London and there rate, by raising the exchange for sovereigns to an unnatural height, so that, as matter of fact, England levies a tax on all international interchange of commodities.

New York Times Current History: The European War, Vol 2, No. 1, April, 1915 — Part 181

In opposition to this glorious vision of the days to come, which the Germans wish to realize by their victories in war, there is the alluring prospect of the Allies that by their victory they will deal a deathblow to _German militarism_. While the English, with their 200,000 troops, are good enough to promise no conquest of German territory--what says Russia to this?--at the close of the war, in the opinion of the Britons, there would still remain 65,000,000 Germans right in the centre of Europe, organized as a kingdom burdened with a war indemnity to a couple of tens of milliards in marks.

New York Times Current History: The European War, Vol 2, No. 1, April, 1915 — Part 181

This nation, however, strengthened by 15,000,000 Germans in Austria, would be the greatest bearers of culture in the wide world--the nation with the best technical equipment of all others, glowing with ambition, with military training second to none, and gifted with an immense rate of increase as regards population. This nation would be forced to lay down her arms, lying as it does between the overbearing gigantic realm in the east and the warlike French to the west. The idea is incomprehensible. The universe would behold a competition in armaments such as it had never seen.