PART I

THE ECONOMICS OF THE CASE

CHAPTER PAGE I. STATEMENT OF THE ECONOMIC CASE FOR WAR 3 II. THE AXIOMS OF MODERN STATECRAFT 14 III. THE GREAT ILLUSION 28 IV. THE IMPOSSIBILITY OF CONFISCATION 50 V. FOREIGN TRADE AND MILITARY POWER 68 VI. THE INDEMNITY FUTILITY 88 VII. HOW COLONIES ARE OWNED 107 VIII. THE FIGHT FOR "THE PLACE IN THE SUN." 131