Dutch seamen knew the coasts of Australia and New Zealand generations before they were settled by the English, and had the people of Holland willed to take possession of them, the Dutch would now be one of the leading races of mankind; but they preferred the immediate gains to be derived from the ownership of the trade with the Spice Islands; and so for the unimportant over-lordship of a few patches of tropical soil, they bartered the chance of building a giant Dutch Republic in the South Seas.

Had the Swedish successors of Gustavus Adolphus devoted their energies to colonization in America, instead of squabbling with Slavs and Germans for one or two wretched Baltic provinces, they could undoubtedly have built up in the new world a Sweden tenfold greater than that in the old.
If France had sent to her possessions in America as many colonists as she sent soldiers to war for petty townships in Germany and Italy, the French would now be masters of half the territory north of the Rio Grande.

England alone, because of a combination of causes, was able to use aright the chances given her for the conquest and settlement of the world's waste spaces; and in consequence the English-speaking peoples now have before them a future more important than that of all the continental European peoples combined.
Each Race Indifferent to its Own Future.
It is natural that most nations should be thus blind to the possibilities of the future.

Few indeed are the men who can look a score of years into the future, and fewer still those who will make great sacrifices for the real, not the fancied, good of their children's children; but in questions of race supremacy the look-ahead should be for centuries rather than decades, and the self-sacrifice of the individual must be for the good not of the next generation but perchance of the fourth or fifth in line of descent.

The Frenchman and the Hollander of the seventeenth century could not even dimly see the possibilities that loomed vast and vague in the colonization of America and Australia; they did not have, and it was hardly possible that they should have, the remotest idea that it would be well for them to surrender, one the glory gained by his German conquests, the other the riches reaped from his East Indian trade, in order that three hundred years later huge unknown continents should be filled with French and Dutch commonwealths.