On Saturday last the Emperors of Russia and Germany met
off Swinemiinde in the Bay of Pommern. The Czar was on board the Standart ' and the German Emperor on hoard the 'Hohenzollern.' This visit of the Czar to German waters was in return for that paid by the German Emperor to Bjorkii two years ago. During the visit, which lasted till Tuesday, the German Fleet carried out some manoeuvres. The visit caused the usual shower of rumours, but in the absence of any unofficial information which has an appearance of authenticity it is unprofitable to do more than record the substance of the vague semi-official statements forwarded by Reuter. The conversation between Prince Billow and the Russian Minister for Foreign Affairs is said to have had "no definite aim in view." As to the European outlook it was agreed on both sides that neither in Europe nor in the Far East was peace in any way threatened. The recent occur- rences in Morocco are said to cause no anxiety, and the measures which France and Spain are taking "cannot cause any complications." The Russo-Japanese Convention and the approaching agreement between Great Britain and Russia are hailed as "conducing in the highest degree to the peace of the world." All this is satisfactory reading. If Germany is really convinced of the plain truth that the various under- standings among the Powers are not intended as hostile to her, but only to secure peace, we are delighted to hear it. The allusion to French action in Morocco is the more graceful because it was not necessary to mention the matter at all.