SOME BOOKS OF THE `'WEEK.
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Lea Garanties de la Paix. DeuxiSme Partie, "Examen Critique." Par Yves Guyot. (Paris: Alcoa. 3 fr. 50 c.)—In this second part of his new work, which he finished before the Armistice, M. Yves Guyot examines the Allied Peace programmes, especially in relation to Austria-Hungary and to Germany. The disintegration of Austria-Hungary, which he regards as essential, has been accomplished since he wrote. He is doubtful about Germany's ability to pay anything approaching an equivalent of the damage dons by her, but he would wring the last farthing out of Prussia and impose lighter terms on the Rhineland and Westphalia, Hamburg and Bremen. M. Yves Guyot was, last autumn, sceptical of the practical value of a League of Nations.
Since then French public: opinion has become mom friendly to the proposed League, but many of the author's compatriots would doubtless agree with his conclusion that the existing League of the Allies will suffice for the present, and that even the Allies will find their interests conflicting when Peace returns, "Politics is the art of possibilities," says M. Yves Guyot.
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