Abstract
Twice within 25 years, in 1919 and again in 1944–5, the idea of the balance of power hasbeen pronounced dead, and twice it has arisen from its seeming demise soon after such funereal exercises. Foremost among the obituaries were those of American statesmen, like Woodrow Wilson and Cordell Hull. When the latter returned from conferences in Moscow in the autumn of 1943, he stated, as if he were the true heir of Wilsonism, that “as the provisionsof the fournations declarations are carried into effect, there will no longer be need for spheres of influence, for balance of power, or any other of the special arrangements through which, in the unhappy past, the nations strove to safeguard their security.”