How little reliance could be placed upon a Peace Treaty
with an undefeated Germany must le clear, even to our Paoifioista, from her extortion of Z00,000,000 from the Bolshevik Government, in spite of her abjuration of indemnities by the Treaties of 13reet- Litovsk. -.Germany, will no _doubt deny that she has broken her -pledge to the easily. deluded Bolsheviks by exacting indemnities. 'She has .merely made a Supplementary Treaty and a Financial Agreement, by whiohishe will evacuateoestain territery Estbonie. and Livonia, and .east of the Bsresina,,In net= or ,payments, amounting to 1300,000,000, part in cash, part in commodities, and about a third by a six per cent, loan secured upon Bolshevik State revenues. The evacuation of Russia's main territory is to be ruled by further "Financial Agreements" between the Fox and the Goose. There will be, as promised, "no indemnities " ; but the money will come in, all the same. "There is no compulsion, only you must."
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