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 of the frontiers met with so much opposition, this occurred only because this measure was taken at a time when we were playing with pacifism and socialism, for which Hungary is in no way to blame. Another cause of the discontent was due to the heavy demands made in the course of the negotiations on the part of Germany. Germany intended to make Roumania practically an economic colony of her own, and went so far as to make us, the neighbouring state, anxious, and we felt ourselves injured. In addition, there were the requisitions made by the army, which are used now, after the war, by the Roumanians as a justification for their own plundering.

The few pieces of wooded country which Hungary had gained by the peace of Bukarest have not played an important part in Roumania's interference or in the cause of their desire for revenge. The territorial decisions of the peace of Bukarest would only have been an example of moderate policy if they had not been an integral part of the promises made to Russia and if the economic conditions had been more moderate. It was a serious mistake made in drawing up the Treaty of Bukarest that we injured Germany's economic demands made against Bulgaria with reference to the Dobrudscha, and this procedure subsequently became one of the causes of Bulgaria's secession.

The negotiations of Brest-Litovsk and Bukarest had an injurious effect upon Austria-Hungary's determination to continue the struggle, because they created the impression that, even in case of victory, we would lose