courage as Chancellor to declare to them this bankruptcy of the German nation for transmarine enterprises."
It must, however, happen that wherever these German settlers went, they would be in the neighbourhood of some English colony, and however friendly were the relations of the Governments of the two Powers, disputes must occur in the outlying parts of the earth. In the first years of the Empire Bismarck had hoped that German traders would find sufficient protection from the English authorities, and anticipated their taking advantage of the full freedom of trade allowed in the British colonies; they would get all the advantages which would arise from establishing their own colonies, while the Government would be spared any additional responsibility. He professed, however, to have learnt by experience from the difficulties which came after the annexation of the Fiji Islands by Great Britain that this hope would not be fulfilled; he acknowledged the great friendliness of the Foreign Office, but complained that the Colonial Office regarded exclusively British interests. As a complaint coming from his mouth this arouses some amusement; the Colonial Office expressed itself satisfied to have received from so high an authority a testimonial to its efficiency which it had rarely gained from Englishmen.
The real change in the policy of the Empire must, however, be attributed not to any imaginary shortcomings of the English authorities; it was an inevitable result of the abandonment of the policy of Free
