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It is not being suggested that the making of arms should cease in the world, but only that in every country it should become a State monopoly and so completely under Government control. If the State can monopolize the manufacture and sale of spirits, as Russia has done, if it can, after the manner of Great Britain, control the making and sale of such a small, elusive substance as saccharin, it is ridiculous to suppose that it cannot keep itself fully informed of the existence of such elaborated machinery as is needed to make a modern rifle barrel. And it demands a very minimum of alertness, good faith, and good intentions for the various manufacturing countries to keep each other and the world generally informed upon the question of the respective military equipments. From this state of affairs to a definition of a permissible maximum of strength on land and sea for all the high contracting powers is an altogether practicable step. Disarmament is not a dream; it is a thing more practicable than a general hygienic convention and more easily enforced than custom and excise.

In truth, the firm was a mystery in Wall Street, and its largest creditors were in the greatest darkness concerning it. Some one has truly said that in a great commercial city men are known only by their enterprises and their successes; that their antecedents become lost in the magnitude and rapidity with which events revolve. This is particularly so with us. The firm of Topman & Gusher had fixed itself in Pearl Street, and gone quietly into business without friends, acquaintances, or endorsers; and in a single year had secured both credit and respectability. And it had done this on what is too frequently mistaken for energy and enterprise--show and pretension.

Philip was at this time engaged in the siege of Athens, which had joined Attalus and the Rhodians. The Consul Galba crossed over to Epirus, and Athens was relieved by a Roman fleet; but before he withdrew, Philip, prompted by anger and revenge, displayed his barbarism by destroying the gardens and buildings in the suburbs, including the Lyecum and the tombs of the Attic heroes; and in a second incursion which he made with large re-enforcements he committed still greater excesses. For some time, however, the war lingered on without any decided success on either side. The Consul Villius, who succeeded Galba in B.C. 199, effected nothing of importance, and it was not till the appointment of the Consul T. Quinctius Flamininus to the command that the war was earned on with energy and vigor (B.C. 198).