By “number theory” I mean algebraic number theory, and by Part 1, roughly the years 1900–1940. The treatment is very sketchy; I hope at some later date to cover the rest of the century and to fill in some of the gaps and correct any errors in this hasty account. At the end of the 19th century, Kurt Hensel introduced the idea of the completion kv of a field k with respect to a discrete valuation...