2. That peoples and provinces are not to be bartered about from sovereignty to sovereignty as if they were mere chattels and pawns in a game, even the great game now forever discredited, of the balance of power; but that

3: Every territorial settlement must be made in the interest and for the benefit of the populations concerned, and not as part of any mere adjustment or compromise of claims amongst rival states; and,

4. That all well-defined national aspirations shall be accorded the utmost satisfaction that can be accorded them without introducing new or perpetuating old elements of discord and antagonism that would be likely in time to break the peace of Europe and consequently of the world.

President Wilson, in his Liberty Loan address in New York on September 27th, thus stated this government's interpretation of its duty with regard to peace:

1. The impartial justice meted out must involve no discrimination between those to whom we wish to be just and those to whom we do not wish to be just. It must be a justice that plays no favorites and knows no standard but the equal rights of the several peoples concerned;

2. No special or separate interest of any single nation or any group of nations can be made the basis of any part of the settlement which is not consistent with the common interests of all;

3. There can be no leagues or alliances or special covenants and understandings within the general and common family of the League of Nations;

4. And more specifically, there can be no special, selfish economic combinations within the league and no employment of any form of economic boycott or exclusion except as the power of economic penalty by exclusion from the markets of the world may be vested in the League of Nations itself as a means of discipline and control.

5. All international agreements and treaties of every kind must be made known in their entirety to the rest of the world.

[Illustration: Map: Europe, North Africa, East Asia.]
THE WAR ZONE ESTABLISHED BY GERMANY, FEBRUARY, 1917, THAT BROUGHT
AMERICA INTO THE WAR.