Excerpt from The League of Nations: Its Economic Aspect
It is these practical lessons of the war that have shown us that we stand at the parting of the ways, and that one of the roads open to us leads us to despair and ruin; while the other can take us, if we make good use of the experience gained, to a new and much higher level of material prosperity, with opportunities for a great step. Forward towards things much more important than material prosperity - a higher and more widely-diffused intellectual development, a truer appreciation of beauty, and a great improvement in the general standard of conduct, and in the relations of man to man in the ordinary affairs of life.
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