Excerpt from Problems of the Peace In particular, until events have decided otherwise, I shall not renounce the opinion that the present republican movements in Germany represent merely a transitory phase of a political transformation wh'ose outcome will be a democratized Empire still resting in the main upon a monarchical basis. At the moment of writing half the Sovereigns of Germany are exiles, and the other half are wondering what the morrow will bring. Forth. No one need pity these short-sighted men, who, had they been gifted with but a modicum of political sagacity, might still to-day have been ruling over communities as con tented as any in Europe. Nevertheless, it is probable that their fate in the end will be better than their, deserts. Throughout their history the Germans have been patient, long-suffering, and of great kindness to their. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.