And the annual meetings of the League's Assembly are in effect official peace congresses binding on the participating states to an extent that most statesmen a quarter of a century ago would have regarded as utopian.

As long as the problem of world reconstruction remains the center of interest for all nations, blocs having similar attitudes will form and operate even within the League itself.

It is a commonplace that the League of Nations is not yet-what its most enthusiastic protagonists intended it to be

A formally recognized equality does, however, accord the smaller nations a position which they should be able to use increasingly in the interest of humanity as a whole and in the service of the ideal

The equality among all members of the League, which is provided in the statutes giving each state only one vote, cannot of course abolish the actual material inequality of the powers concerned.

There is no reason why agreement on particular points should not be both possible and advantageous to the so-called neutrals and to one or more of the blocs, either existing or in the process of formation, within the League of Nations.

No nation is so great as to be able to afford, in the long run, to remain outside an increasingly universal League of Nations