It must be remembered that at the time this speech was delivered, England was under a secret agreement dating from 1904 to secure France's economic monopoly in Morocco. England was also under a secret obligation to France, dating from 1906, to support her in case of war with Germany. It must be above all remembered that this latter obligation carried with it a contingent liability for the Franco-Russian military alliance that had been in effect for many years. Thus if Russia went to war with Germany, France was committed, and in turn England was committed. The whole force of the Triple Entente lay in these agreements; and it can not be too often pointed out that they were _secret_ agreements. No one in England knew until November, 1911, that in 1904 the British Government had bargained with the French Government, in return for a free hand in Egypt, to permit France to squeeze German economic interests out of Morocco--in violation of a published agreement, signed by all the interested nations, concerning the status of Morocco. No one in England knew until 3 August, 1914, that England had for several years been under a military and naval agreement with France which carried the enormous contingent liability of the Franco-Russian military alliance. No matter what appeared on the surface of politics; no matter how many pacific speeches were made by Sir E. Grey and Mr. Asquith, no matter what the newspapers said, no matter how often and how impressively Lord Haldane might visit Berlin in behalf of peace and good feeling; _those secret agreements held_, they were the only things that did hold, and everything worked out in strict accordance with them and with nothing else, least of all with any public understanding or any statement of policy put out for public consumption. It was just as in the subsequent case of the armistice and the peace--and this is something that has been far too little noticed in this country. The real terms of the armistice and of the peace were not the terms of the Fourteen Points or of any of the multitudinous published statements of Allied war aims. On the contrary, they were the precise terms of the secret treaties made among the Allied belligerents during the war, and made public on their discovery by the Soviet Government in the archives of the Tsarist Foreign Office.