intervention of Russia, Germany and France in robbing her of the spoils of her victory over China. The European conflagration broke out in 1912 with the war of the Balkan League on Turkey. Victory crowned the efforts of a righteous cause--the relief of oppressed nationalities from the oppressions and exactions of a corrupt and tyrannous rule--but was wasted by the internecine quarrels and irreconcilable demands of the victors. Serbia, who had lived down much of the odium excited by the barbarous murders of Alexander and Draga, and had borne more than her share of the war against Turkey, was isolated, partly by her own intransigence, mainly by the greed, the diplomatic manoeuvres and the treachery of her allies, and in her isolation fell a victim to the dynastic ambitions of Austria. The assassination of the Crown Prince Ferdinand at Sarajevo was the excuse for Austria's ultimatum to Serbia, the proximate cause of the Great War of 1914. Whether engineered in Vienna or not, the murder secured the removal of an heir whose succession to the throne of Austria-Hungary was looked upon with grave suspicion by a powerful group in Austria who had no desire to upset the House of Hapsburg but profoundly distrusted the Crown Prince. In the homely phrase Sarajevo killed two birds with one stone. It eliminated an uncertain and unpopular prince, and furnished Austria with an opportunity for gratifying her long-standing hostility to Serbia. But there was a third and bigger bird; for the complicity of Germany in dispatching the Ultimatum is no matter for surmise. Without her support and pressure it would never have been sent. [Illustration: THE ROAD TO RUIN] [Sidenote: _Punch on World Politics_]