The tragic development of the crisis in the summer of 1914 threw Rumania into a vortex of unexpected hopes and fears. Aspirations till then considered little else than Utopian became tangible possibilities, while, as suddenly, dangers deemed far off loomed large and near. Not only was such a situation quite unforeseen, nor had any plan of action been preconceived to meet it, but it was in Rumania’s case a situation unique from the number of conflicting considerations and influences at work within it. Still under the waning influence of the thirty years quasi-alliance with Austria, Rumania was not yet acclimatized to her new relations with Russia. Notwithstanding the inborn sympathy with and admiration for France, the Rumanians could not be blind to Germany’s military power. The enthusiasm that would have sided with France for France’s sake was faced by the influence of German finance. Sympathy with Serbia existed side by side with suspicion of Bulgaria. Popular sentiment clashed with the views of the king; and the bright vision of the ‘principle of nationality’ was darkened by the shadow of Russia as despot of the Near East. One fact in the situation stood out from the rest, namely, the unexpected opportunity of redeeming that half of the Rumanian nation which was still under foreign rule; the more so as one of the parties in the conflict had given the ‘principle of nationality’ a prominent place in its programme. But the fact that both Austria-Hungary and Russia had a large Rumanian population among their subjects rendered a purely national policy impossible, and Rumania could do nothing but weigh which issue offered her the greater advantage. Three ways lay open: complete neutrality, active participation on the side of the Central Powers, or common cause with the Triple Entente. Complete neutrality was advocated by a few who had the country’s material security most at heart, and also, as a _pis aller_, by those who realized that their opinion that Rumania should make common cause with the Central Powers had no prospect of being acted upon.