28 SEPTEMBER 1912, Page 1

The Bulgarians, however, realize that Austria-Hungary would be most loth

to undertake such action just now, and that two at least of the Great Powers, namely, Russia and Italy, would view military and naval action of this kind by Austria-Hungary with the utmost anxiety. The end might well be that Austria's troops, once in Macedonia and Servia and Montenegro, would never leave them. The Austrians themselves would, we feel sure, greatly dislike a resort to armed force, for, though the Austrian army is very powerful, a war involving campaigns in Montenegro, Servia, and Macedonia in the winter could hardly prove anything but dangerous and difficult in a high degree, and also exceedingly expensive, even if it did not involve Austria-Hungary in very serious trouble with Italy and Russia.