Kindly old England has always in the long run revolted against "fascist" experiments at the permanent suppression of "the other side". - G. M. Trevelyan

That England and Italy should be on friendly terms is essential for the peace of the Mediterranean and of Africa. It is also essential for the peace of Europe, and therefore, in all probability, for the prosperity and independence of both countries. An ideological war between the great Powers of Europe would destroy all that is left of good in our civilization. Italy and England can cooperate to avert that catastrophe. Such cooperation involves no disloyalty on Italy's part to her German partner, nor on ours to France. There is a common European interest—peace. I feel deeply grateful to Mr. Chamberlain for his cheerful courage in taking a definite step towards reconciliation, in face of great difficulties in the path.

If we consider the relative positions of France and of England from 1680 to 1688, and compare them with the situation when Anne died, the contrast is great indeed. England, lately despised abroad and distraught at home, had become the chief instrument in winning the world war, and had then dictated the Peace. With sea-power no longer rivalled either by France or Holland, with financial and commercial pre-eminence hardly less remarkable, and endowed for the moment with the martial greatness lent her by Marlborough, Great Britain was relatively more important in the world in 1713 than in 1815 or 1919. No country save France was then a rival to her greatness.

She regarded it as a first charge of her slender war-budget to see that French and Dutch independence were maintained against Philip. This was secured, partly by English help and by the holding of the seas, and partly by domestic alliance of the Calvinists with Catholic <nowiki>'</nowiki>politiques<nowiki>'</nowiki> averse to Spanish domination; it followed that an element of liberality and toleration very rare in the Europe of that day made itself felt in France and in Holland in a manner agreeable to Elizabeth's eclectic spirit.