The collapse of M. Venizelos and the demand of the Greek people for King Constantine's return, came to French statesmen as a painful surprise. That they had for several years been laboriously building on illusions could not be disguised, and being made to look absurd before those of their own compatriots who had all along advocated a policy based on the preservation and exploitation of Turkey, rendered the situation doubly awkward. Unable to rise above personal pique, they would fain veto the return of a prince whom they hated and whom they had wronged beyond hope of conciliation. England, however, free from petty animosities, and sensible that, under whatever ruler, Greece would be with her, refused to sanction lawlessness in the midst of peace; and her view that, if the Greeks wanted Constantine, it was their business and not ours, prevailed. But, on the other hand, by way of compromise, France obtained that he should return to an empty treasury, with foreign credits cut off, and the loans made by the Allies to the Venizelist Government, to facilitate the waging of a common war against Turkey, revoked. It was an impossible position which King Constantine was called upon to face: a position none of his own making, {234} yet one from which there was no retreat. The Greek people's imperialism had been roused. The leaders who once criticized M. Venizelos's Asiatic policy as a dangerous dream, opposed to economic, strategic, and ethnic realities, might still hold those views and mutter in secret that Smyrna would prove the grave of Greece; but they no longer dared express them, out of deference to public opinion. To the masses M. Venizelos's wild game of chance seemed vindicated by its results, and while they rejected the man they clung to his work. The Greek Government had no choice but to carry on the conflict under enormous disadvantages. As France anticipated, with foreign credits cut off and a progressive fall in the exchange, the expense of maintaining a large army on a war footing proved too heavy for the National Exchequer. And that was not the worst. France, who since the Armistice had betrayed a keen jealousy of England's place in a part of the world in which she claims special rights, presently concluded a separate agreement with Turkey--an example in which she was followed by Italy--and gave the Turks her moral and material support in their struggle with the Greeks; while England, though refusing to reverse her policy in favour of their enemies, contented herself with giving the Greeks only a platonic encouragement, which they were unwise enough to take for more than it was worth. Everyone knows the melancholy sequel: our unhappy "allies," left to their own exhausted resources, were driven from the Asiatic territories which in common prudence they should never have entered; and the overseas Empire which M. Venizelos had conjured up vanished in smoke.