12 JANUARY 1918, Page 1

NEWS OF THE WEEK.

PRESIDENT WILSON delivered a memorable Message to Congress on Tuesday. He stated, in the most explicit manner conceivably possible at the moment, the terms on which the United States would make peace with Germany. This Message, in conjunction with Mr. Lloyd George's statement of War Aims, has so cleared the air that the issues stand out with a sharpness of definition that they have never had before. It may truly be said now that the minimum terms of the Allies have been stated. If Germany can bring herself to accept them, well and good. We most devoutly hope that she may. But if she does not, there is only one conclusion—we must go on till Germany yields. No honest man could read the words of Mr. Lloyd George and President Wilson without recognizing that here are profoundly sincere words, words of which the one and only intention is to create conditions on which the peace of the world can be revived and preserved.