This conception of peace as a precarious interval of preparation has come down to the present out of the feudal age and is, of course, best at home where the feudal range of preconceptions has suffered least dilapidation; and it carries the feudalistic presumption that all national establishments are competitors for dominion, after the scheme of Macchiavelli.

The peace which is had on this footing, within the realm, is a peace of subjection, more or less pronounced according as the given national establishment is more or less on the militant order; a warlike organisation being necessarily of a servile character, in the same measure in which it is warlike.
In much the same measure and with much the same limitations as the modern democratic nations have departed from the feudal system of civil relations and from the peculiar range of conceptions which characterise that system, they have also come in for a new or revised conception of peace.

Instead of its being valued chiefly as a space of time in which to prepare for war, offensive or defensive, among these democratic and provisionally pacific nations it has come to stand in the common estimation as the normal and stable manner of life, good and commendable in its own right.

These modern, pacific, commonwealths stand on the defensive, habitually.

They are still pugnaciously national, but they have unlearned so much of the feudal preconceptions as to leave them in a defensive attitude, under the watch-word: Peace with honour.