"What Price Peace?" by Frederick J. Libby and the National Council for Prevention of War is a pamphlet issued in the early 20th century, specifically in the 1920s. This publication addresses the pervasive concerns regarding the threats of war and advocates for international peace through various mechanisms. It explores the idea that military preparedness alone does not guarantee peace, and instead puts forth a vision for achieving a more stable and peaceful global community. The pamphlet argues against the prevailing notion of "peace through preparedness" and presents a case for establishing international legal frameworks, such as the World Court and the League of Nations, as essential to resolving disputes and maintaining peace. Libby emphasizes the need for collective action and a strong public opinion against war, as well as the importance of goodwill and understanding among nations. He discusses the potential dangers of increasing armaments, warns of the catastrophic consequences of another world war, and stresses the crucial role that education and a spirit of cooperation must play in fostering a culture of peace. Overall, "What Price Peace?" serves as a compelling call to action for a more peaceful world, rooted in law and mutual respect rather than fear and militarism. (This is an automatically generated summary.)