We must bear these two points in mind when preparing for war.

Only by continually realizing the duties thus laid on us can we carry out our preparations to the fullest, and satisfy the demands which the future makes on us.

A nation of 65,000,000 which stakes _all_ her forces on winning herself a position, and on keeping that position, cannot be conquered.

But it is an evil day for her if she relies on the semblance of power, or, miscalculating her enemies' strength, is content with half-measures, and looks to luck or chance for that which can only be attained by the exertion and development of all her powers..