But by December Germany's situation was more fortunate than at any time since the early Summer. Rumania, which had come into the war three months before, had been defeated and overrun in a spectacular campaign which had brought new prestige to the German armies. The triumph was of more value in appearance than in reality, for no decision had been reached on the main fronts and none of the chief belligerents was willing to give up. Germany was under a terrible strain, and the civilian Government concluded that the end of 1916 offered an opportunity to make a peace proposal, without loss of prestige, which might lead to a settlement of the war that would leave Germany substantially the victor. For it was known that unless some such decisive result were soon attained the military party would unloose the submarines in the effort to win a complete victory, and thereby bring about complications too serious for the civilian officials to contemplate with any sense of security. So on Dec. 12 Bethmann Hollweg proposed a peace conference. He mentioned no terms which Germany would consider; he spoke in the arrogant tones of a victor; and the total effect of his speech was to convince the world that he was trying to influence the pacifist elements in the allied countries rather than to bring about an end of the war. But his step caused profound uneasiness in Washington, for he had anticipated the action which the President had long been considering. If Mr. Wilson could not have offered mediation before the election, he might have tried it in November had not the German deportation of Belgian workingmen just then aroused such a storm of anti-German feeling in America that it would have been unsafe to take a step which public opinion would have generally regarded as favorable to Germany. Now that Bethmann Hollweg had anticipated him, it was evident that any proposal which the President might make would be regarded as a sort of second to the German motion.