30 DECEMBER 1916, Page 2

Of • course President Wilson will tell- us that he

knows all about the Holy Alliance, and that we need not be afraid of his League of Peace ending in this sinister way. Alas ! we see no reason to think • that his venture would be more fortunate than that of the Emperor Alexander. We do not despair- altogether of abolishing war, but we are certain that by a hard-and-fast League to Enforce Peace we should purchase immunity at far too great a price. We should purchase it with the loss of liberty.