In our modern world of interdependent nations, hardly any state can wage war successfully without raising loans and buying war materials of every kind in the markets of other nations.

To solve the problem of organizing world peace we must establish world law and order.

The world before 1914 was already a world in which the welfare of each individual nation was inextricably bound up with the prosperity of the whole community of nations.

We had four years of world war which the peoples endured only because they were told that their sufferings would free humanity forever from the scourge of war.

The world wants disarmament, the world needs disarmament. We have it in our power to help fashion future history.

It is because I believe that it is in the power of such nations to lead the world back into the paths of peace that I propose to devote myself to explaining what, in my opinion, can and should be done to banish the fear of war that hangs so heavily over the world.

Four years of world war, at a cost in human suffering which our minds are mercifully too limited to imagine, led to the very clear realization that international anarchy must be abandoned if civilization was to survive.