As Director of Research and President of the Foreign Policy Association, Buell has an inside picture of world forces at work and shows here America's stand in relation to Europe and the Orient. He analyzes our position in the event that the Allies should win, that Germany should win, or that Germany should ally with Japan. He feels that the fate of America, political and economic isolationists to the contrary, is too closely involved with that of Europe for us to ignore our participation in international events. And despite the failure of the League, he hopes for a new form of world federation for which he outlines a theoretical programme. A stimulating analysis, based on wide research and sound thinking.