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that the long introversion of the decades after the Civil War had at last come to an end. The world was visibly drawing into a closer interrelation, and the years between 1901 and 194 were to see the development of a peaceful internationalism, an assimilation of all nations, or at least of the upper and middle classes of all nations, to a common standard of life, such as had not been known since the Roman Empire broke down.

It was to be the destiny of The Times to find its most brilliant opportunities in responding to the demands of this new age for news from far wider fields than those in which the majority had had any interest in the latter part of the nineteenth century. The isolation of the seventies and eighties, an isolation always more apparent than real, had ended when Dewey's guns boomed in Manila Bay. "Personal news" had reached its utmost popularity in the nineties; with a new era of international peace it may once more come back, as it has begun to come back since the war, to overshadowing importance; but the editors of The Times in 1901 judged rightly the tendencies of the age which was beginning. For a third of a century the American people, like some orders of mediaeval monks, had been trying to find peace by gazing at its own navel, and it was just awakening to the discovery that the world contained sights of somewhat more absorbing interest.

The Times set forth upon this new era in the enjoyment of a higher degree of material prosperity than it had ever known in its best days of old. Its paid circulation in its jubilee month averaged

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