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.

One of the first essentials is a policy of unreserved political cooperation with all the nations of the world.

Whatever we do or fail to do will influence the course of history.

This is our world, and we must make the best of it.

The vast upheaval of the World War set in motion forces that will either destroy civilization or raise mankind to undreamed of heights of human welfare and prosperity.

The Disarmament Conference has become the focal point of a great struggle between anarchy and world order... between those who think in terms of inevitable armed conflict and those who seek to build a universal and durable peace.

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.