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One does not need to be an economist to realize that if Fiume could secure the trade of Jugoslavia and the other states carved from the Austro-Hungarian Empire, the commercial supremacy of Trieste, which depends upon this same hinterland, would quickly disappear.
She has not enough of her own to administer Jugoslavia, and consequently she looks naturally to the employment of the Croat and Slovene educated class, and also to the refugee Russians. Many Russian professors in exile have found posts; Russian engineers and technicians are readily accepted in the hope that their services may be used.
If this postulate should prove erroneous, Germany may form an anti-Allied league of a large number of nations which it would be invidious to enumerate here. But it is manifest that this consummation would imperil Poland, Czechoslovakia, and Jugoslavia, and sweep away the last vestiges of the peace settlement.
As a result of the decision of the Peace Conference which awarded Transylvania to Rumania and divided the Banat between Rumania and Jugoslavia, Hungary finds herself stripped of virtually all her forests, all her mines, all her oil wells, and all of her manufactories save those in Budapest, thus stripping the bankrupt and demoralized nation of practically all of her resources save her wheat-fields.
France taking the place of Germany, and Jugoslavia that of Austria, the situation of the old Triple Alliance would be not merely reproduced, but made worse in the reproduction, because the Triplice at least guaranteed us against a conflict which we had grounds for apprehending, whereas the new alliance would tie our hands for the sake of a little Balkan state which, single-handed, we are well able to keep in its place.
Germain, Jugoslavia was awarded the western half of the Banat, Rumania is prepared to take advantage of the first opportunity which presents itself to take it away from her rival.
Time, the revealer of all secrets, will one day unveil the whole of this one. Meanwhile, I am glad that the Order of St. Sava is not in my house. Time will show, too, whether the Serb is to be top-dog in Jugoslavia, or whether, after all these oceans of blood that have been spilt and the untold misery, we shall arrive at an arrangement which could have been obtained by patience and Trialism.
He began by assuming what everybody knew, that the Powers would refuse to honor the secret treaty with France, Britain, and Russia, which assigned to Rumania all the territories to which she had laid claim, and he proposed first striking up a compromise with the other interested states, then compacting Rumania, Jugoslavia, Poland, Czechoslovakia, and Greece into a solid block, and asking the Powers to approve and ratify the new league.
The Poles, it was estimated, would have some 30 per cent. of aliens, the Czechs not less, Rumania 17 per cent., Jugoslavia 11 per cent., France 4 per cent., and Italy only 3 per cent. In February the Jugoslavs made a strategic move, which many admired as clever, and others blamed as unwise. They proposed that all differences between their country and Italy should be submitted to Mr.
If Italy had not first adopted neutrality and then joined the Allies in the war there would be no Jugoslavia to-day. Are we now to pay for our altruism by sacrificing Italian soil and Italian souls to the secular enemies of our race?"
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