The nations battle overseas, The missiles scorch, the tanks advance, While we continue at our ease With cattle-show and floral dance. Great powers must come To frightful doom: Only the impotent but gay Can hope to face the world today.

With this bit of elegiac poesy, Punch last week began five pages of sardonic advice to its readers on "Britain's New Role: Learning To Be a 2nd Class Power." Instead of sighing for the golden days of Empire, Punch urged that Britons look to the wonderful possibilities of the future "once it has been established that Britain is operating in...

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