CHAPTER IV.
PEACE PROPOSALS The Bagdad Railroad--The English Oil Concession--The German Alliance with Turkey--Austria the Hand of Germany--The Decay of Turkey--The New Map.
How ridiculous are American peace proposals concerning the Audacious War of 1914 may be judged from this announcement which I am able to make:-- The return of the French government from Bordeaux to Paris was determined upon from two points of view: safety and political necessity.

The French people were angered that Paris should have been deserted, but notwithstanding the political reasons, which were more forceful than the public will be permitted to know, the return would not have been undertaken had not the military authorities considered the move a safe one.

How safe will be evidenced by this--that at both Bordeaux and Paris this problem was before the authorities: "Events have now progressed so far that it is time for the Allies to consider what will be their terms of peace.

These terms must be divided into many classes, ranging from those in which only one of the Allies has an interest to those in which all have an interest.

Of course, the latter will be the most complex, and it is time now to begin with the complexities of the most far-reaching situation.