THE BRITISH EMPIRE CAME out of Paris the great beneficiary of the Great War. The Hohenzollern, Romanov, Habsburg, and Ottoman empires had crashed in ruins. The challenge of a Wilhelmine Germany that had surpassed British production by 1914 was history. Germany was no longer a great power. The High Seas Fleet, the greatest threat to the Royal Navy since Trafalgar, had committed suicide at Scapa Flow. Britain had taken over Germany’s Atlantic cables and most of her merchant fleet to compensate for the loss of 40 percent of her own to U-boats. Germany’s islands in the South Pacific had been
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