We are glad to be able to record that the
latest news from the Balkans and the European capitals indicate that peace will be preserved. The Servian Skupshtina is meeting as we write, but there seems little doubt that it will support the proposal of the Prime Minister, M. Pashitch, to refer the dispute with Bulgaria to arbitration. The Sofia Government is still said to declare that it can make no concessions to Servia, but in spite of this we do not believe that her prudent King will insist on a course of action through which Bulgaria would proclaim herself the enemy of all Europe. In opposition to the optimistic view which we have just expressed, we must note the serious battle, for such it was, which took place at Zletovo on Wednesday between Bulgarian and Servian troops. There were many hours' fighting and very considerable loss of life. At the same time it must be pointed out that no dis- position has been shown on either side to make a cases belli out of this or any similar incident. When such very obvious excuses for making an unofficial into an official war are not seized, we may feel pretty sure that there is no intention to push matters to extremes.
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