We have discussed the general European situation in a leading
article, but may repeat here that though we recognize fully the dangers ahead, we do not believe that there is much risk of an immediate war. The Daily Telegraph of Friday, speaking of the difficulties between Roumania and Bulgaria, states that no definite progress towards a settlement has-been made in the last day or two; but in spite of that it expresses its belief that there is no great danger, for both Govern- ments have accepted the principle of mediation by the Powers. In a word, Bulgaria. will agree to pay as much blackmail as the Powers advise her to pay. The Daily Telegraph goes on to quote "a well-informed correspondent" to the effect that the real danger spot is on the Albanian side of the diplomatic field. Here we are told that no progress at all has been made. Russia is willing to leave Scutari within the limits of Albania, but the value of this concession is doubtful if, as seems likely,
the town should fall to the assault of the Montenegrins in a few days.
