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Various

"New York Times Current History: The European War from the Beginning to March 1915, Vol 1, No. 2 Who Began the War, and Why?"

On the contrary, she has allowed days to pass,
and France, like Russia, could have put to profit this delay, the one,
Russia, in order to proceed to a partial mobilization, the other,
France, to take precautions compatible with the maintenance of peace.
On the other hand, Austria and Russia have entered into direct
negotiations. Russia demands of Austria what treatment she reserves for
Servia. Austria answers that she will respect her "territorial
integrity." Russia figures that it is not enough and that it must also
include that "the sovereign rights of Servia are guaranteed."
Even if discord comes between the views of Austria and those of Russia,
one could measure the distance of the ideas and work on a solution of a
problem whose points are determined. It is then, it seems, that the
English idea of mediation which seeks a form, its means of expression,
but which in the end will prevail, for it embodies the profound
sentiments of the people, and without doubt the desire of the rulers
who feel rising toward them, like punishment, this peril of war, with
which for a moment they thought of playing like a diplomatic toy.
If we judge what war itself will be and the effects it will produce by
panic, sinister rumors, economic difficulties, monetary difficulties,
and the financial disasters which the mere possibility of a conflict
creates; when we think that even now we must postpone payments, and
prepare to decree a forced circulation for the paper certificates, one
asks if the most crazy or the sanest of men are capable to open such a
crisis.


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