At Brest-Litovsk rumours had already spread that Roumania did not intend to continue the war. These rumours assumed a very definite character after peace was concluded with the Ukraine. That peace, as well as Trotski's attitude, left no doubt in Bucharest that Roumania could no longer reckon on further co-operation on the part of Russia and gave rise to the idea in some circles that she would turn back. I say in some circles, for there was one group which, to the very last moment, was all for war.

While at Brest-Litovsk I began to get into touch with the leaders of the Hungarian Parliament in order to come to an agreement on the peace aims relating to Roumania. It was evident that, as regards Roumania, a peace without annexations would be more difficult to bring about than with any other state, because the treacherous attack by the Roumanians on the whole of Hungary had raised the desire for a better strategical frontier. As might be expected, I met with violent opposition from Hungary, where, under the name of strategical frontier rectifications, as a matter of fact greater annexations were desired. The first person with whom I dealt was Stephen Tisza, who, at great trouble, was brought to modify his original standpoint and finally was led so far as to admit that the fundamental ideas for peace were capable of acceptance. On February 27, 1918, he handed me a pro-memoria with the request to show it to the Emperor, in which he explained his already more conciliatory point of view, though, nevertheless, he very distinctly showed his disapproval of my intentions. The pro-memoria reads as follows:

Unfortunately, Roumania can withdraw from the war not as much exhausted as justice and the justified interests of the Monarchy could wish.

The loss of the Dobrudsha will be made good by territorial gains in Bessarabia, while the frontier rectifications demanded by us are out of all proportion with Roumania's guilt and with her military situation.

Our peace terms are so mild that they are as a generous gift offered to vanquished Roumania and are not at all to be made a subject for negotiations. In no case are these negotiations to assume the character of trading or bargaining. If Roumania refuses to conclude peace on the basis laid down by us our answer can only be a resumption of hostilities.

I consider it highly probable that the Roumanian Government will run that risk to prove her necessity in the eyes of the Western Powers and her own population. But it is just as probable that after breaking off negotiations she will just as quickly turn back and give way before our superior forces.

At the worst a short campaign would result in the total collapse of Roumania.

In all human probability it is almost certain that the development of affairs will take a course similar to the last phase in the peace with Northern Russia, and will lead to an easy and complete success for the Central Powers. That we lay down the frontier rectification as conditio sine qua non forms a justifiable measure to protect an important interest for the Monarchy of a purely defensive nature. It is energetically demanded by the entire patriotic public opinion of Hungary. It appears out of the question that a Minister of Foreign Affairs, had he taken up another attitude in the matter, would have been able to remain in the Delegation.

And, besides, the procedure—to which the greatest importance must be attached—is absolutely necessary in order not to compromise the chances of a general peace.

It is obvious from the public statements of leading statesmen of the Western Powers that they will not be prevailed upon to agree to an acceptable peace, as they do not believe in our capacity and firm resolve to carry it out. Whatever confirms their views in this respect widens the distance between us and peace; the only way to bring us really nearer to peace is to adopt an attitude that will lead them to think differently.