"Dreadnoughts," resolved to revive that tradition.

Against the combination of Germany and Austria, Russia, which has hardly
begun to recover from the prostration of her defeat by Japan, is
helpless; while France, with a population much smaller than that of
Germany, can hardly look forward to a renewal single-handed of the
struggle which ended for her so disastrously forty years ago. The
position of Italy is more doubtful, for the sympathies of her people are
not attracted by Austria; they look with anxiety upon the Austrian
policy of expansion towards the Aegean and along the shore of the
Adriatic. The estrangement from France which followed upon the French
occupation of Tunis appears to have passed away, and it seems possible
that if there were a chance of success Italy might be glad to emancipate
herself from German and Austrian influence. But even if Germany's policy
were such that Russia, France, and Italy were each and all of them
desirous to oppose it, and to assert a will and a policy of their own
distinct from that of the German Government, it is very doubtful whether
their strength is sufficient to justify them in an armed conflict,
especially as their hypothetical adversaries have a central position
with all its advantages. From a military point of view the strength of
the central position consists in the power which it gives to its holder
to keep one opponent in check with a part of his forces while he throws
the bulk of them into a decisive blow against another.

This is the situation of to-day on the Continent of Europe. It cannot be
changed unless there is thrown into the scale of the possible opponents
of German policy a weight or a force that would restore the equality of
the two parties. The British navy, however perfect it may be assumed to
be, does not in itself constitute such a force. Nor could the British
army on its present footing restore the balance. A small standing army
able to give its allies assistance, officially estimated at a strength
of 160,000 men, will not suffice to turn the scale in a conflict in
which the troops available for each of the great Powers are counted no
longer by the hundred thousand but by the million. But if Great Britain
were so organised that she could utilise for the purpose of war the
whole of her national resources, if she had in addition to the navy
indispensable for her security an army equal in efficiency to the best
that can be found in Europe and in numbers