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.

In almost every country there are elements of opinion which would welcome such a conclusion because they wish to return to the politics of the balance of power, unrestricted and unregulated armaments, international anarchy, and preparation for war.

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

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.

Thus, the struggle for peace includes the struggle for freedom and justice for the masses of all countries.

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.

In some states militant nationalism has gone to the lengths of dictatorship, the cult of the absolute or totalitarian state and the glorification of war.