Bismarck sought to give the needed hand-grip. In November 1887, during an interview with the Czar at Berlin, he succeeded in exposing the forgery of some documents concerning Bulgaria which had prejudiced Alexander against him. He followed up this advantage by secretly offering the Cabinet of St. Petersburg a guarantee of German support in case of an attack from Austria; but it does not appear that the Czar placed much trust in the assurance, especially when Bismarck made his rhetorical fanfare of February 6, 1888, in order to ensure the raising of a loan of 28,000,000 marks for buying munitions of war.
That speech stands forth as a landmark in European politics. In a simple, unadorned style the German Chancellor set forth the salient facts of the recent history of his land, showing how often its peace had been disturbed, and deducing the need for constant preparation in a State bordered, as Germany was, by powerful neighbours:--"The pike in the European pool prevent us from becoming carp; but we must fulfil the designs of Providence by making ourselves so strong that the pike can do no more than amuse us." He also traced the course of events which led to the treaties with Austria and Italy, and asserted that by their formation and by the recent publication of the treaty of 1882 with Austria the German Government had not sought in any way to threaten Russia. The present misunderstandings with that Power would doubtless pass away; but seeing that the Russian Press had "shown the door to an old, powerful, and effective friend, which we were, we shall not knock at it again."
Bismarck's closing words--"We Germans fear God and nothing else in the world; and it is the fear of God which makes us seek peace and ensue it"--carried the Reichstag with him, with the result that the proposals of the Government were adopted almost unanimously, and Bismarck received an overwhelming ovation from the crowd outside. These days marked the climax of the Chancellor's career and the triumph of the policy which led to the Triple Alliance.
The question, which of the two great hostile groups was the more sincere in its championship of peace principles, must remain one of the riddles of the age. Bismarck had certainly given much provocation to France in the Schnaebele affair; but in the year 1888 the chief danger to the cause of peace came from Boulanger and the Slavophils of Russia. The Chancellor, having carried through his army proposals, posed as a peacemaker; and Germany for some weeks bent all her thoughts on the struggle between life and death which made up the ninety days' reign of the Emperor Frederick III. Cyon and other French writers have laboured to prove that Bismarck's efforts to prevent his accession to the throne, on the ground that he was the victim of an incurable disease, betokened a desire for immediate war with France.
It appears, however, that the contention of the Chancellor was strictly in accord with one of the fundamental laws of the Empire. His attitude towards France throughout the later phases of the Boulanger affair was coldly "correct," while he manifested the greatest deference towards the private prejudices of the Czar when the Empress Frederick allowed the proposals of marriage between her daughter and Prince Alexander of Battenberg to be renewed. Knowing the unchangeable hatred of the Czar for the ex-Prince of Bulgaria, Bismarck used all his influence to thwart the proposal, which was defeated by the personal intervention of the present Kaiser[266]. According to our present information, then, German policy was sincerely peaceful, alike in aim and in tone, during the first six months of the year; and the piling up of armaments which then went on from the Urals to the Pyrenees may be regarded as an unconsciously ironical tribute paid by the Continental Powers to the cause of peace.
A change came over the scene when William II. ascended the throne of Germany (June 15, 1888). At once he signalised the event by issuing a proclamation to the army, in which occurred the words: "I swear ever to remember that the eyes of my ancestors look down upon me from the other world, and that I shall one day have to render account to them of the glory and honour of the army." The navy received his salutation on that same day; and not until three days later did a proclamation go forth to his people. Men everywhere remembered that "Frederick the Noble" had first addressed his people, and then his army and navy. The inference was unavoidable that the young Kaiser meant to be a Frederick the Great rather than a "citizen Emperor," as his father had longed to be known. The world has now learnt to discount the utterances of the most impulsive of Hohenzollern rulers; but in those days, when it knew not his complex character, such an army order seemed to portend the advent of another Napoleon.
Not only France but Russia felt some alarm. True, the young Kaiser speedily paid a visit to his relative at St. Petersburg; but it soon appeared that the stolid and very reserved Alexander III. knew not what to make of the versatile personality that now controlled the policy of Central Europe. It was therefore natural that France and Russia should take precautionary measures; and we now know that these were begun in the autumn of that year.
In the first instance, they took the form of loans. A Parisian financier, M. Hoskier, Danish by descent, but French by naturalisation and sympathy, had long desired to use the resources of Paris as a means of cementing friendship, and, if possible, alliance with Russia. For some time he made financial overtures at St. Petersburg, only to find all doors closed against him by German capitalists. But in the spring of the year 1888 the Berlin Bourse had been seized by a panic at the excessive amount of Russian securities held by German houses; large sales took place, and thenceforth it seemed impossible for Russia to raise money at Berlin or Frankfurt except on very hard terms.
Now was the opportunity for which the French houses had been waiting and working. In October 1888, Hoskier received an invitation to repair to St. Petersburg secretly, in order to consider the taking up of a loan of 500,000,000 francs at 4 per cent, to replace war loans contracted in 1877 at 5 per cent. At once he assured the Russian authorities that his syndicate would accept the offer, and though the German financiers raged and plotted against him, the loan went to Paris. This was the beginning of a series of loans launched by Russia at Paris, and so successfully that by the year 1894 as much as four milliards of francs (£160,000,000) is said to have been subscribed in that way[267]. Thus the wealth of France enabled Russia to consolidate her debt on easier terms, to undertake strategic railways, to build a new navy, and arm her immense forces with new and improved weapons. It is well known that Russia could not otherwise have ventured on these and other costly enterprises; and one cannot but admire the skill which she showed in making so timely a use of Gallic enthusiasm, as well as the statesmanlike foresight of the French in piling up these armaments on the weakest flank of Germany.