As we write the Powers are busy with an attempt
to find compensation for the Montenegrins which will reconcile them to the abandonment of their hopes in regard to Scutari, which, it has been finally decided, and as we think rightly, must belong to the new Albanian State. We are sure that terri- torial compensation, joined, as we hope it may be, with a substantial sum to relieve Montenegro from her pecuniary embarrassments, can be found, and that it will be found seems now most likely. If—or we trust we may now say when—this difficulty is surmounted, the settlement of the final terms of peace should be fairly easy. Turkey has placed herself unre- servedly in the bands of the Great Powers; and all that remains is for the Powers to induce the Allies to accept their allotment of the conquered territory. There are signs of a great deal of jealous feeling between the various Allies, but we do not believe that these jealousies, though real, will be able to prevent a settlement or will lead to a new war.