The Government and the diplomatic corps had been for some time at Niš, the second largest town, whose Turkish character is disappearing. But the population in the direst Turkish times were less exposed to epidemics than the thousands of unwilling residents who thronged the little, painted houses and the wide, cobbled streets in 1915. It was at Niš that the negotiations were conducted with Bulgaria, and in July an aged gentleman from Budapest came with the offer of a separate peace. This gentleman, a stockbroker of Slav origin, was imbued with patriotic motives, for he was assured that Germany would win the War. It was an undertaking in those days for a man in his seventy-sixth year to travel, by way of Roumania and Bulgaria, to Niš; but as he had connections in Serbia he was resolved to see them, and he travelled at his own expense, although the German Consul-General at Buda-Pest, acting apparently for the Deutsche Bank, had spoken of 18 million crowns for distribution among the politicians at Niš and five millions for the old stockbroker himself. His suggestion was that Serbia should make certain small modifications in the Bucharest Treaty in favour of the Bulgars, that Albania should be hers up to and including Durazzo, that she should be joined to Montenegro, and that her debts to the Entente should be shouldered by Germany, which would likewise give a considerable loan, and requested merely the permission to send German troops down the Danube. "My dear boy," said a Minister, an old friend of his, "go back at once, or they'll lock you up in a mad-house." And when the poor old gentleman got back he found himself compelled to start a lawsuit against the Germans, since they were unwilling to pay his costs. The Consul-General at Pest disowned all knowledge of him, but the broker called in the police as witnesses; for they had summoned him, on more than one occasion, to explain why he was so much in the Consul's company. The German Government said also that he was a perfect stranger to them; but finally they settled with him for a sum which is believed to have been 35,000 crowns. GREEK TRANSACTIONS