It is not, however, enough to draw up a just and far-sighted peace
with Germany. If we are to offer Europe an alternative to Bolshevism
we must make the League of Nations into something which will be both
a safeguard to those nations who are prepared for fair dealing with
their neighbours and a menace to those who would trespass on the
rights of their neighbours, whether they are imperialist empires or
imperialist Bolshevists. An essential element, therefore, in the
peace settlement is the constitution of the League of Nations as the
effective guardian of international right and international liberty
throughout the world. If this is to happen the first thing to do is
that the leading members of the League of Nations should arrive at an
understanding between themselves in regard to armaments. To my mind
it is idle to endeavour to impose a permanent limitation of armaments
upon Germany unless we are prepared similarly to impose a limitation
upon ourselves. I recognize that until Germany has settled down
and given practical proof that she has abandoned her imperialist
ambitions, and until Russia has also given proof that she does not
intend to embark upon a military crusade against her neighbours, it
is essential that the leading members of the League of Nations should
maintain considerable forces both by land and sea in order to preserve
liberty in the world. But if they are to present a united front to the
forces both of reaction and revolution, they must arrive at such an
agreement in regard to armaments among themselves as would make it
impossible for suspicion to arise between the members of the League
of Nations in regard to their intentions towards one another. If the
League is to do its work for the world it will only be because the
members of the League trust it themselves and because there are no
rivalries and jealousies in the matter of armaments between them. The
first condition of success for the League of Nations is, therefore, a
firm understanding between the British Empire and the United States
of America and France and Italy, that there will be no competitive
building up of fleets or armies between them. Unless this is arrived
at before the Covenant is signed the League of Nations will be a sham
and a mockery. It will be regarded, and rightly regarded, as a proof
that its principal promoters and patrons repose no confidence in its
efficacy. But once the leading members of the League have made it
clear that they have reached an understanding which will both secure
to the League of Nations the strength which is necessary to enable
it to protect its members and which at the same time will make
misunderstanding and suspicion with regard to competitive armaments
impossible between them its future and its authority will be assured.
It will then be able to ensure as an essential condition of peace that
not only Germany, but all the smaller States of Europe, undertake to
limit their armaments and abolish conscription. If the small nations
are permitted to organize and maintain conscript armies running each
to hundreds of thousands, boundary wars will be inevitable, and all
Europe will be drawn in. Unless we secure this universal limitation we
shall achieve neither lasting peace nor the permanent observance of
the limitation of German armaments which we now seek to impose.
I should like to ask why Germany, if she accepts the terms we consider
just and fair, should not be admitted to the League of Nations, at
any rate as soon as she has established a stable and democratic
government? Would it not be an inducement to her both to sign the
terms and to resist Bolshevism? Might it not be safer that she should
be inside the League than that she should be outside it?
Finally, I believe that until the authority and effectiveness of the
League of Nations has been demonstrated, the British Empire and the
United States ought to give France a guarantee against the possibility
of a new German aggression. France has special reason for asking for
such a guarantee. She has twice been attacked and twice invaded by
Germany in half a century. She has been so attacked because she has
been the principal guardian of liberal and democratic civilization
against Central European autocracy on the continent of Europe. It is
right that the other great Western democracies should enter into an
undertaking which will ensure that they stand by her side in time to
protect her against invasion should Germany ever threaten her again,
or until the League of Nations has proved its capacity to preserve the
peace and liberty of the world.