2. The Czecho-Slovak State will probably have a common frontier with Rumania. The Rumanians-and Czecho-Slovaks will have common interests, and their mutual political and economic relations will be of great importance. Economically, agricultural Rumania and industrial Bohemia will complete each other. Prague will have direct railway connection with Bukarest and Jassy, while the Danube will connect the Czecho-Slovaks both with the Yugoslavs and the Rumanians, under the protection of the League of Nations.

Politically the alliance between a united Poland, Bohemia and Greater Rumania is of paramount importance, because if Poland and Rumania remain as small as they are at present, and if the Czecho-Slovaks and Yugoslavs are left at the mercy of Vienna and Budapest, the Germans will be masters of Central Europe.

3. The relations between Czechs and Yugoslavs have always been cordial, since both of them have always had the same anti-German and anti-Magyar orientation. By way of the Danube the Czecho-Slovaks would be in direct communication with Belgrade. The Czechs could further also be accorded an international railway connecting Pressburg with the Adriatic. The Czechs, being well developed industrially and commercially, could greatly assist the Yugoslavs in organising a state sufficiently strong to arrest German and Magyar penetration in the Balkans.

The Czechs, being good friends of the Yugoslavs and Italians, will at the same time exert their efforts to prevent all misunderstandings between these two Adriatic nations from which only the Germans would profit. A close alliance between Bohemia, Italy, Yugoslavia and Rumania will form an effective safeguard against German penetration in the Near East. Since Rumania will border both on Bohemia and Yugoslavia, the Germans will be completely encircled by a strong Latin-Slav barrier, of which Bohemia will form the centre, working for stability in Central Europe and safeguarding Europe from a repetition of the German attempts at world domination.

4. The Czecho-Slovak State itself will be strong both strategically and economically. It will number over twelve million, and its territory, comprising Bohemia, Moravia, Austrian-Silesia and Slovakia, will be about 50,000 square miles, that is a territory as large as England (without Scotland, Ireland and Wales).

Surrounded by high mountains, Bohemia forms a veritable fortress in the heart of Europe. Economically, too, she will be strong and self-supporting.

In the past Bohemia was the richest part of the Habsburg Empire, with well-developed agriculture and industries. Bohemia produced 829 lbs. of grain per inhabitant, the rest of Austria 277 lbs. The Bohemian lands are responsible for 93 per cent. of Austria's, production of sugar, most of which has been exported to England. Hops of remarkable quality are produced in Bohemia, and Pilsen beer is known all over the world. Bohemia manufactures over 50 per cent. of all the beer produced in Austria. Bohemia has also abundant wealth in minerals, the only mineral which is not found there being salt. Bohemia produces 60 per cent. of Austria's iron and 83 per cent. (26 million tons) of her coal. As regards trade, almost all the business between Bohemia and Western Europe has always passed through Vienna, which of course greatly profited thereby. This will cease when Bohemia becomes independent.

Two-thirds of the total Austrian exports, the value of which was over £63,000,000 in 1912, come from the Bohemian lands. To England alone Austria exported £9,000,000 worth of Bohemian sugar annually. Bohemian beer, malt and hops were exported especially to France, textiles and machines to Italy. On the other hand, Germany and German-Austria imported from the Bohemian lands especially agricultural products (butter, eggs, cheese, cereals, fruit), also coal and wood manufactures.

In 1905 Austria exported 425,000 metric tons of wheat and 186,000 metric tons of malt, which were mostly produced in Bohemia. The export of Bohemian beer brings Austria 15,000,000 kronen annually (£625,000), of malt 55,000,000 kronen (£2,290,000). The Bohemian lands further export 130,000,000 kronen (£5,430,000) worth of textiles annually.

The Austrian import trade is also largely dependent on Bohemia. All French articles bought by Bohemia come through Vienna, two-thirds of the whole French export being destined for that country.