The German Panic

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At present I refer to it as an actual factor evoking in our "patriots " a fairly constant feeling of suspicion directed now towards this, now towards that, foreign nation conceived in the light of a hostile competitor likely to attack or injure us. Accepting, then, the general or widely prevalent belief in our people that our nation is in possession of large valuable "properties, " in the shape of overseas territories and markets, of which other "competing" nations would naturally be impelled t...o dispossess us, if they thought they saw a good oppor- tunity of doing so, we easily understand the continual II existence of a state of feeling favourable to a war panic when some particular direction and substance is injected into it.
Now the history of the nineteenth century furnishes plain instances of such particular directions. France, our "traditional foe, " the outstripped rival in our race for empire, was commonly considered to be harbouring in the background of her mind secret designs for our overthrow.


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