"Let us take one rival for comparison. What about Germany? ... [T]heir exports will have increased twice as fast as ours... Well, if that goes on, what is going to happen? We are continously improving our position; they are making more rapid progress. They are already neck and neck. It is perfectly clear that in a very short time they will have passed us; and in regard, at all events, to this test, we shall have fallen from our position in relation to the other nations of the world... I do not come before you to tell you that our prosperity has disappeared. No; but I say that our position is deteriorating, and I say that, unless you do something to prevent it, we shall go the course of all those other nations to which I have referred. (Hear, hear.) We shall fall from the highest place, we shall be lower in the scale of nations, and with that goes all the power and all the influence to which I attach so great a value."