10 APRIL 1915, Page 2

King Constantine approved these views, and authorized M. Venezelos to

give effect to them. M. Venezelos, how- ever, decided to await the result of the Bulgarian attempt to raise a loan on the German and Austrian money markets. When, a few days later, the conclusion of a loan to Bulgaria was announced, H. Venezelos abandoned the project of a Greco-Bulgarian agreement. Shortly afterwards the Entente Powers inquired whether Greece would assist Serbia if Great Britain and France each sent a division of troops to Macedonia in order to forestall an attack by Bulgaria. As the Greek General Staff considered this offer inadequate, the Greek Government declined it. From that moment the negotiations with Sir Edward Grey were suspended, and the question of compensation to Bulgaria has not been revived.