This formula includes, as a matter of course, "the restoration of Belgium, of Serbia and of Montenegro and the indemnities which are dimmed by them; the evacuation of the invaded territories of France, of Russia and of Romania, with just reparation." The further demand is "the reorganization of Europe, guaranteed by a stable regime, and founded upon respect of nationalities and full security and liberty of economic development." Provisions and territories "wrested in the past from the allies by force or against the will of their populations" must be restored; subject peoples must be freed from the tyranny which now oppresses them; the Turk must be banished from Europe. These are just terms by their fair operation Germany stands to lose only Alsace-Lorraine and Prussian Poland, territories to which she has no title and which the principle of nationalities demands she shall lose. The expulsion from Europe of the unspeakable Turk is a purpose this nation will endorse. From the South Slavs would mean at least a probable end to the jealousies and hatreds which for generations have made the Balkans the powder magazine of Europe. Recent cation of the Italian frontier and the transfer of Trieste to Italy are wholly consistent with the expressed determination to reorganize Europe on a joint basis of nationality and economic development. The allies have stated their maximum terms, but even these maxima do not include the transfer of Constantinople to Russia, although the thought may be, and probably is, in allied statesmen's minds. So far as  The text is concerned, they would be better satisfied with Constantinople and the Danubian Internationalized, and this may yet be the outcome of the struggle. 