23 FEBRUARY 1878, Page 2

Moderate Russophobists should note the situation in .Roumania and Servia.

The theory of the war party is that a small State in South-Eastern Europe is always Russian. Well, there are four such States, and Roumania is raging against Russia ; Servia says point-blank she will not agree to the Russian conditions ; Monte- negro wants to make a separate peace ; and Greece is longing openly for an alliance with Great Britain against Turkey and Russia too. The earthen pots do not love the iron pot when swimming down the stream half so much as people think, and we predict that Bulgaria's first great act in politics will be an exhibi- tion of ingratitude. Does Spain love England because we freed her from the French, or are the Hapsburgs devoted to the Romanoffs for crushing Kossuth? The war people forget the selfishness as well as the enthusiasm latent in human nature.