The 'Note has been well received in:America, where it has
brought much enlightenment. It has shown the American people that the Allies, instead of being beaten, as they have been repeatedly told by the 'Germans, not only consider themselves victors, but would never dream of snatching at a premature and illusory peace. Next, ' it has shown that when the Allies say-they-intend to have reparation for the-past and guarantees for the future and security, they mean business and not talk. Finally, the Note proves that the Allies, unlike the Germans, are in no hurry to make peaces But this, as America is quick to see, is not the attitude either of •people who are beaten or of people who are ashamed of their cause.