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.

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.

The forces that are driving mankind toward unity and peace are deep-seated and powerful. They are material and natural, as well as moral and intellectual.

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

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.

I do not believe that the values which the Western democracies consider essential to civilization can survive in a world rent by the international anarchy of nationalism and the economic anarchy of competitive enterprise.

Another essential to a universal and durable peace is social justice.