negotiations with the Porte, and on February 3 war was resumed. _Punch's_ comment on the threatened intervention of Roumania was severe but not unmerited; the "Bayard of Bukharest" observes politely to Bulgaria, "I am sure, dear old friend, you will wish to recompense me for not stabbing you in the back from behind in the previous bout, and I am therefore proposing to anticipate your kindness by making off with your coat (Silistria)." Sir Edward Grey's hope, expressed in the House of Commons in March, that Turkey would now confine its energies to "consolidating" itself in Asia Minor, met with ironical approval from _Punch_, who in the following month represented Turkey responding to Europa's complacent assurance that the war was "practically over" with the still more complacent comment: "My felicitations, Madam. Everything seems to point to the outbreak of a sanguinary peace." And unfortunately the cynical anticipation was only too well verified in the sequel. King Nicholas's defiance marked the opening stages of the new conflict--typified in the Montenegrin bantam blocking the road for the great Powers, but getting out of the way at the last moment. Skutari was occupied by troops of the Powers on May 14, and on May 30 the Treaty of Peace between the Allies and the Porte was signed at St. James's Palace. But _Punch_, in his cartoon of "Peace comes to Town," was not unfair in making Sir Edward Grey adjure the fair damsel riding behind him to sit close and not slip off as on the last occasion they fared that way together. So many outstanding questions remained unsettled that a pacific solution was impossible; the Balkan war was resumed on June 30. Bulgaria put up a great fight against the Serbians and Greeks, but the advance of the fresh Roumanian army into her territory rendered her position desperate. _Punch_ had already shown Turkey offering its services as benevolent mediator to the Balkan "allies." Before the end of the month the Turks had re-entered the field and re-occupied Adrianople only three months after they had been driven out. "Quite like old times, being back here," the Turk says to Dame Europa in _Punch's_ cartoon, and when Europa replies, "Ah! but you'll be kicked out, you know," he retorts calmly, "Well, that'll be like old times too." An armistice was signed on July 31, and the second Treaty of Peace was signed by Bulgaria, Greece, Montenegro and Serbia on August 10. Bulgaria, whose losses in the two wars had been very heavy, was seriously penalized by the new adjustment of boundaries and the consequent loss of territory. Roumania was cordially congratulated by the Kaiser for her "wise and statesmanlike policy," and Greece, who gained a vast acquisition of territory around Salonika, expressed through the mouth of King Constantine--King George had been assassinated at Salonika in March--her indebtedness to Germany for the war training of her officers. _Punch's_ comment was sardonic. In