DEAR MR. PRESIDENT: Since I returned, every bit of information that comes to me is along one line and that is, that an agreement in which the Kaiser is to play the smallest part will be looked upon with grave suspicion and I believe its results will be disastrous. In my opinion, it will result in the election of a Republican House and the weakening, if not impairing of your influence throughout the world. I am not on the inside and so I do not know, but I am certain that Lloyd George and Clemenceau will take full advantage of this opportunity in declaring that, so far as they are concerned, they are not going to sit down at the Council Table with William the Second, and you may be put in a position before the world, by your acceptance of these conditions, of seeming to be sympathetic with the Kaiser and his brood. May not Germany be succeeding in splitting the Allies by this offer, just as Talleyrand succeeded, at the Congress of Vienna, in splitting the allies who had been victorious over Napoleon? You cannot blot out the record you have made in your speeches, which in every word and line showed a distrust of this particular autocracy, with which you are now asked to deal. Have you considered the possibility that as soon as Germany read your New York speech of September 27th, knowing, as they did, that it was neither palatable to the Allies nor in accordance with that which they had hitherto stood for, promptly accepted your attitude as a means of dividing the Entente at a critical moment and robbing her of the benefits of the military triumph? Did not Talleyrand do the very same thing to them, as the representative of defeated France, when he sided with Russia and Prussia as against England and thus made possible the return of Napoleon? I realize the great responsibility that rests upon the President. In any other matter, not so vital as this, you could be wrong and time would correct it, but in a thing like this, when you are dealing with a question which goes to the very depths of international action and world progress, you are at the parting of the ways. If you wish to erect a great structure of peace, you must be sure and certain that every brick in it, that every ounce of cement that goes in it is solid and lasting, and above all, you must preserve your prestige for the bigger moments to come.     Sincerely,       TUMULTY Upon the conclusion of the conference, I had a talk with Colonel House and Secretaries Daniels, Lansing, and Baker, and again urged the necessity of a refusal on the part of the President to accept the German peace terms. Secretary Lansing informed me that the President had read my letter to the conference and then said: "We will all be satisfied with the action the President takes in this matter."