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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.

Arthur Henderson

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Arthur Henderson
Age: 72 †
Born: 1863
Born: September 13
Died: 1935
Died: October 20
British Politician
Politician
Trade Unionist
Glasgow
Scotland
Rt. Hon. Arthur Henderson
State
Wage
War
Markets
States
Raising
Without
Hardly
Every
Buying
Interdependent
Kind
Materials
Loans
World
Modern
Successfully
Nations
Loan

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Another essential to a universal and durable peace is social justice.
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This is our world, and we must make the best of it.
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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.
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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.
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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.
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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.
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As a first step there must be an offer to achieve equality of rights in disarmament by abolishing the weapons forbidden to the Central Powers by the Peace Treaties.
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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.
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Whatever we do or fail to do will influence the course of history.
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The nations must be organized internationally and induced to enter into partnership, subordinating in some measure national sovereignty to worldwide institutions and obligations.
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The question is, what are we to do in order to consolidate peace on a universal and durable foundation, and what are the essential elements of such a peace?
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In short, it may be said that on paper the obligations to settle international disputes peacefully are now so comprehensive and far-reaching that it is almost impossible for a state to resort to war without violating one or more solemn treaty obligations.
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Perhaps the grimmest aspect of this great paradox is that the very nations that are chiefly responsible for starting and for maintaining the Disarmament Conference are also the nations that have begun a new arms race.
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One of the first essentials is a policy of unreserved political cooperation with all the nations of the world.
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The more the history of the World War and what led up to it is studied, the more clearly those tragic years become revealed as a vast collapse of civilization.
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