23 NOVEMBER 1912, Page 1

The latest news in regard to the diplomatic situation must,

we think, be described as, on the whole, reassuring. In the first place, the Servians have agreed to give full satisfaction to Austria-Hungary in the matter of the Consular dispute. Next it seems probable that neither Servia nor Austria- Hungary will push matters to extremes in regard to Albania and the problem of Servia and the Adriatic. Again, there seems good reason to believe that none of the Great Powers is in the least anxious to fish in troubled waters. That being so, and though from time to time things may again look ugly, we cannot help feeling sanguine that in the end a European conflict will be avoided.