  A description and analysis are given of a ``speed meter'' for monitoring a
classical force that acts on a test mass. This speed meter is based on two
microwave resonators (``dual resonators''), one of which couples evanescently
to the position of the test mass. The sloshing of the resulting signal between
the resonators, and a wise choice of where to place the resonators' output
waveguide, produce a signal in the waveguide that (for sufficiently low
frequencies) is proportional to the test-mass velocity (speed) rather than its
position. This permits the speed meter to achieve force-measurement
sensitivities better than the standard quantum limit (SQL), both when operating
in a narrow-band mode and a wide-band mode. A scrutiny of experimental issues
shows that it is feasible, with current technology, to construct a
demonstration speed meter that beats the wide-band SQL by a factor 2. A concept
is sketched for an adaptation of this speed meter to optical frequencies; this
adaptation forms the basis for a possible LIGO-III interferometer that could
beat the gravitational-wave standard quantum limit h_SQL, but perhaps only by a
factor 1/xi = h_SQL/h ~ 3 (constrained by losses in the optics) and at the
price of a very high circulating optical power --- larger by 1/xi^2 than that
required to reach the SQL.
