But Germany cannot give to Bulgaria Serbian Macedonia so long as the Austrian armies are not masters of the whole of Serbia; she cannot give her Thrace because Turkey objects to such cession, and Turkey is her ally; and, finally, she cannot urge Greece too closely to cede Cavalla to Bulgaria, because such a pressure may bring a contrary result, i.e. make Greece to declare herself openly an ally of the Entente. Therefore both Bulgaria and Rumania must perforce side with the great European Alliance. Had Italy remained neutral matters would be different, but as it is now Bulgars and Rumanians, and the Balkan peoples in general, have to fight with us, unless they want the diplomacy of the Entente to disappoint utterly the ever-growing appetite of these small nationalities.... It will be noted that all the opinions quoted concerning the Balkans relate to the division of territory as the price of neutrality or intervention. Dr. Conybeare's Recantation By SIR WALTER RALEIGH _To the Editor of the [London] Times:_ Sir,--During a recent visit to America I saw Dr. Conybeare's letter in a paper called the _Vital Issue_. All who know Dr. Conybeare know him to be honest and frank, and to be very deeply distressed by the sufferings and cruelties of the war. After my return, I wrote to him, pointing out that his letter is being widely circulated in America, and that the material points in his accusation of Sir Edward Grey and Mr. Asquith have been answered. I enclose Dr. Conybeare's reply, for which he desires the fullest publicity. Yours faithfully, WALTER RALEIGH. The Hangings, Ferry Hinksey, near Oxford, July 1, 1915. * * * * * Banbury-road, Oxford, June 30.