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little doubt of our trade penetrating into France itself, and thriving in Paris."—Which it did.

The comfortable thing about the study of history is that it inclines us to think hopefully of our own times. The despairing tone of contemporary writers would seem to indicate that the allied nations that fought and won the Great War have fallen from some high pinnacle they never reached to an abysmal depth they have never sounded. When Dean Inge recorded in "The Contemporary Review" his personal conviction that the war had been "a ghastly and unnecessary blunder, which need not have happened, and ought not to have happened," this casual statement was taken up and repeated on both sides of the Atlantic, after the exasperating fashion in which a Greek chorus takes up and repeats in strophe and antistrophe the most depressing sentiment of the play. And to