"Erzeroum, Trebizond, and Scutari have fallen; the passes of the Balkans have been forced, although at immense cost to the enemy; Belgrade has been stormed; Adrianople is invested, and Constantinople is therefore most seriously threatened.
"By heroic efforts the French attack upon the Quadrilateral has been rolled back at a fearful expense of human life. Antwerp is still untouched, and the command of the Baltic is still ours. In our own waters, as well as in the Atlantic and the Mediterranean, we have won victories which prove that Great Britain is still the unconquered, and we trust unconquerable, mistress of the seas. We have kept the Dardanelles open, and the Suez Canal is still inviolate.
"Two combined attacks, delivered by the allied French and Italian squadrons on Malta and Gibraltar, have been repulsed by Admiral Beresford with heavy loss to the enemy, thanks to the timely warning delivered to Mr. Balfour by the Earl of Alanmere—upon whose mysterious disappearance we comment in another column—and the Prime Minister's prompt and statesmanlike action in doubling the strength of the Mediterranean fleet before the outbreak of hostilities.
"Thanks to the tireless activity and splendid handling of the Channel fleet, the North Sea Division, and the Irish Squadron, the enemy's flag has been practically swept from the home waters, and the shores of our beloved country are as inviolate as they have been for more than seven centuries. These brilliant achievements go far to compensate us as an individual nation for the disasters which have befallen our allies on the Continent, and, in addition, we have the satisfaction of knowing that, so far, the most complete success has attended our arms in the East, and that the repeated and determined assaults of our Russian foes have been triumphantly hurled back from the impregnable bulwarks of our Indian Empire.
"It has been pointed out, and it would be vain to ignore the fact, that not only have all our victories been won in the absence of the aërial fleets of the League; but that we, in common with our allies, have been worsted in each of the happily few cases in which even one of these terrible aerostats has delivered its assaults upon us. Against this, however, we take leave to set our belief that these machines do not yet inspire sufficient confidence in their possessors to warrant them in undertaking operations above the sea, or at any considerable distance from their bases of manœuvring. It is true that we are entirely ignorant of the essentials of their construction; but the fact that no attempt has yet been made to send them into action over blue water inspires us with the hope and belief that their effective range of operations is confined to the land....
"It would be superfluous to say that the British Empire is now involved in a struggle in comparison with which all our former wars sink into absolute insignificance, a struggle which will tax its immense resources to the very utmost. Nothing, however, has yet occurred to warrant the belief that those resources will not prove equal to the strain, or that the greatest empire on earth will not emerge from this combat of the giants with her ancient glory enhanced by new and hitherto unequalled triumphs.
"Certainly at no period in our history have we been so splendidly prepared to face our enemies both at home and abroad. All arms of the Services are in the highest state of efficiency, and the Government dockyards and arsenals, as well as private firms, are working day and night to still further strengthen them, and provide ample supplies of munitions of war. The hearts of all the nations united under our flag are beating as that of one man, and from the highest to the lowest ranks of Society all are inspired by a spirit of whole-souled patriotism which, if necessary, will make any sacrifice to preserve the flag untarnished, and the honour of Britain without a spot.
"At the head of affairs stands the man who of all others has proved himself to be the most fitted to direct the destinies of the empire in this tremendous crisis of her history. Party feeling for the time being has almost entirely disappeared, save amongst the few scattered bands of isolated Revolutionaries and malcontents, and Mr. Balfour possesses the absolute confidence of his Majesty on the one hand, and the undivided support of an impregnable majority in both Houses of Parliament on the other. He is admirably seconded by such lieutenants as Lord Randolph Churchill, Sir Joseph Chamberlain, and Sir George J. Goschen on his own side of the House, and by the Earls of Rosebery and Morley, Lord Brassey, and Sir Charles Dilke in what, previous to the outbreak of the war, was the opposing political camp, but which is now a party as loyal as that of the Government to the best interests of the Empire, and fully determined to give the utmost possible moral support consistent with fair and impartial criticism.
"The disastrous mistake which was made by a very small majority of the Upper House in rejecting the Government guarantee for the ill-fated Italian loan is now, of course, past repair; for Italy, as events have proved, exasperated by what her spokesmen termed her selfish betrayal by Britain, has passionately thrown herself into the arms of the League, and the Alliance has now no more bitter enemy than she is. It is, however, only justice to those who defeated the loan to add that they have now clearly seen and frankly owned their grievous mistake, and rallied as one man to the support of the Government."