PEACE AND THE PRICE SYSTEM Evidently the conception of peace on which its various spokesmen are proceeding is by no means the same for all of them.

In the current German conception, e.g., as seen in the utterances of its many and urgent spokesmen, peace appears to be of the general nature of a truce between nations, whose God-given destiny it is, in time, to adjust a claim to precedence by wager of battle.

They will sometimes speak of it, euphemistically, with a view to conciliation, as "assurance of the national future," in which the national future is taken to mean an opportunity for the extension of the national dominion at the expense of some other national establishment.

In the same connection one may recall the many eloquent passages on the State and its paramount place and value in the human economy.

The State is useful for disturbing the peace.