16 AUGUST 1913, Page 1

NEWS OF THE WEEK.

THE Treaty of Bucharest, to judge by all the signs, is to be accepted as the final treaty of peace for the Balkans. Revision seems highly improbable. Telegrams during the week have emphasized the part played by the German Emperor in bringing about the compliance of Bulgaria. No doubt Bulgaria, hedged around by enemies as she was, must have given way in any case, but the action of Germany heightened the dictatorial tone of Roumania, Greece, and Servia, induced Austria-Hungary and Russia to withdraw their active support from Bulgaria, and brought about her rather sudden collapse. It may be said that the German Emperor thus helped to make the peace of Bucharest a certainty. So, indeed, he did. It may turn out that a peace which leaves Bulgaria in a mood of bitterness and dangerous humiliation will be an enduring peace. But we cannot help thinking that the German Emperor's services to the cause of peace would have been better directed if he had helped to procure a more obvious balance among the Balkan States. As it is, the Great Powers sanction a settlement which inspires in Bulgaria the temper of a man who has been robbed and left bleeding by the roadside. According to a telegram in the Temps the German Emperor has written to the King of Greece, " I have fought for you like a tiger." But if tigers had anything to do with the question probably a little tiger- taming of the fierce Balkan conquerors by the Emperor would have suited the occasion better.