The other method is perhaps less apt to offend free trade susceptibilities; it is to impose on what remains of our opponents at the conclusion of this war free trade for a term of years. It remains to be seen whether we shall be powerful enough to insist on this measure, or to persuade our allies that it is one likely to fulfill the proposed end. It is, so far as I see, the only other alternative. Those who are thoroughly convinced of the benefits of free trade should welcome this suggestion, unless, indeed, they think that such a blessing is not deserved by Germany. On the other hand, they may comfort themselves with the certain knowledge that no possible punishment inflicted on the Germans could possibly be more galling and repulsive to them. Doubtless, too, it would suit the books of our allies very well, who could impose on German goods any duty they thought fit, and deposit their surplus and inferior goods in Germany at a price which would defy competition. But these are questions which I must leave to those more conversant with the merits and demerits of free trade and protection than I am. Whatever view you take, you cannot but acknowledge that the situation calls for early and anxious deliberation, and well-thought-out and firm action; and it must be action taken as a nation--through our Government--whatever the political complexion of the Government may be at the close of the war. It is for you, as members of the Employers' Parliamentary Association, to make up your minds what you wish to do; above all, to agree, and to take steps to force the Government in power to carry out your wishes. BELGIUM. By EDITH WHARTON. [From King Albert's Book.] _La Belgique regrette rien._ Not with her ruined silver spires, Not with her cities shamed and rent, Perish the imperishable fires That shape the homestead from the tent. Wherever men are stanch and free, There shall she keep her fearless state, And, homeless, to great nations be The home of all that makes them great. Desired Peace Terms for Europe Outlined by Proponents for the Allies and for Germany _The following forecast of the terms of peace which the Allies could enforce upon Germany and Austria is made for The New York Times Current History by a former Minister of France, one of the leading publicists of the French Republic:_ The Allies will decline to treat with any member of the Hohenzollern or Hapsburg family or any delegates representing them and will insist on dealing with delegations representing the German and Austro-Hungarian people elected by their respective Parliaments or by direct vote of the people, if they so desire. The Allies will facilitate in every possible way negotiations between Austria-Hungary and Italy with a view to the latter obtaining the southern part of the Tyrol, known as Trentino, and the Peninsula of Istria, known as Trieste.