The formation of the Balkan League, and especially the collapse of Turkey, had meant a serious blow to the Central Powers’ policy of peaceful penetration. Moreover, ‘for a century men have been labouring to solve the Eastern. Question. On the day when it shall be considered solved, Europe will inevitably witness the propounding of the Austrian Question.’[1] To prevent this and to keep open a route to the East Austro-German diplomacy set to work, and having engineered the creation of Albania succeeded in barring Serbia’s way to the Adriatic; Serbia was thus forced to seek an outlet in the south, where her interests were doomed to clash with Bulgarian aspirations. The atmosphere grew threatening. In anticipation of a conflict with Bulgaria, Greece and Serbia sought an alliance with Rumania. The offer was declined; but, in accordance with the policy which Bucarest had already made quite clear to Sofia, the Rumanian army was ordered to enter Bulgaria immediately that country attacked her former allies. The Rumanians advanced unopposed to within a few miles of Sofia, and in order to save the capital Bulgaria declared her willingness to comply with their claims. Rumania having refused, however, to conclude a separate peace, Bulgaria had to give way, and the Balkan premiers met in conference at Bucarest to discuss terms. The circumstances were not auspicious. The way in which Bulgaria had conducted previous negotiations, and especially the attack upon her former allies, had exasperated the Rumanians and the Balkan peoples, and the pressure of public opinion hindered from the outset a fair consideration of the Bulgarian point of view. Moreover, cholera was making great ravages in the ranks of the various armies, and, what threatened to be even more destructive, several great powers were looking for a crack in the door to put their tails through, as the Rumanian saying runs. So anxious were the Balkan statesmen to avoid any such interference that they agreed between themselves to a short time limit: on a certain day, and by a certain hour, peace was to be concluded, or hostilities were to start afresh. The treaty was signed on August 10, 1913, Rumania obtaining the line Turtukai-Dobrich-Balchik, this being the line already demanded by her at the time of the London negotiations. The demand was put forth originally as a security against the avowed ambitions of Bulgaria; it was a strategical necessity, but at the same time a political mistake from the point of view of future relations. The Treaty of Bucarest, imperfect arrangement as it was, had nevertheless a great historical significance. ‘Without complicating the discussion of our interests, which we are best in a position to understand, by the consideration of other foreign, interests,’ remarked the President of the Conference, ‘we shall have established for the first time by ourselves peace and harmony amongst our peoples.’ Dynastic interests and impatient