NEWS OF THE WEEK.
IT is with the utmost satisfaction that we record the great event of the week—the decision of Rumania to take her stand by the side of the Entente Powers and to form part of the Grand Affiance. We have dealt in detail elsewhere with various aspects of the new and, as we hope and firmly believe, the last phase of the war, but here we may say that it is without question an event fraught with an awful menace for Germany and her Austrian ally. We have urged caution on those who expect rapid and immediate results ; but though we feel it to be a duty to give such a warning, it must not be supposed that we misread the signs of the times. We can perhaps best express our view of the situation by stating what we should have felt on receipt of the news had we been Germans. However much they may try to conceal even from themselves the true meaning of the event, it must have chilled the very marrow in their bones.
