One of the things McAdoo said was that we could not financially sustain the war for two years. He was for an armistice that would compel Germany to keep the peace, military superiority recognized by Germany, with Foch, Haig, and Pershing right on top of them all the time. Secretary Wilson came back with his suggestion that the Allies be consulted. Then Baker wrote a couple of pages outlining the form of such a Note suggesting an armistice. I said that this should be sent to our "partners" in the war, without giving it to the world, that we were in a confidential relation to France and England, that they were in danger of troubles at home, possible revolution, and if the President, with his prestige, were to ask publicly an armistice which they would not think wise to grant, or which couldn't be granted, the sending of such a message into the world would be coercing them. The President said that they needed to be coerced, that they were getting to a point where they were reaching out for more than they should have in justice. I pointed out the position in which the President would be if he proposed an armistice which they (the Allies) would not grant. He said that this would be left to their military men, and they would practically decide the outcome of the war by the terms of the armistice, which might include leaving all heavy guns behind, and putting, Metz, Strasburg, etc., in the hands of the Allies, until peace was declared. I suggested that Germany might not know what the President's terms were as to Courland, etc., that this was not "invaded territory." He replied that they evidently did, as they now were considering methods of getting out of the Brest-Litovsk treaty. He said he was afraid of Bolshevism in Europe, and the Kaiser was needed to keep it down--to keep some order. He really seemed alarmed that the time would come soon when there would be no possibility of saving Germany from the Germans. This was a new note to me. He asked Secretary Wilson if the press really represented the sentiment of the country as to unconditional surrender. Wilson said it did. He said that the press was brutal in demanding all kinds of punishment for the Germans, including the hanging of the Kaiser. At the end of the meeting, which lasted nearly two hours, he asked to be relieved of Departmental matters as he was unable to think longer. I wrote a summary of the position he took, and read it after Cabinet meeting to Houston and Wilson, who agreed. It follows:-- If they (the Allies) ask you (the President), "Are you satisfied that we can get terms that will be satisfactory to us without unconditional surrender?" You will answer, "Yes--through the terms of the Armistice." "By an armistice can you make sure that all the fourteen propositions will be effectively sustained, so that militarism and imperialism will end?"