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 opportunity is missed, when will it ever return again? When will the army be disbanded, when will the arms be in the hands of the working classes, when will the bourgeois deserve his punishment to such a degree as now, after the heaven-crying sins of the European War?

The dominion of the Romanoffs, the Habsburgs and the Hohenzollern, collapsed like a house of cards. Anyone who is not prepared to seize opportunity by the forelock and to forge the iron while it is hot is a coward and a traitor, and does not deserve the confidence of the proletariat. This method of argument was ably applied by the Russian rouble, which was placed at the disposal of propaganda purposes. The personal apostles of the great prophets, the Russian prisoners, spread the true word in great numbers.

And nobody can be found who is capable of setting a goal to this progress of disruption! The Government commands no respect. Their popularity buried Franchet d'Esperay in Belgrade. If the Entente does not come to their assistance, their position is untenable because the basis of their existence was the assumption that the Entente extended their sympathy to them.

No sooner had Karolyi failed to bring about a satisfactory peace, when the armistice conditions of Diaz were considerably increased in Belgrade, and he was once again without prestige and dependent upon his old allies, that is to say, upon that minority which was almost completely isolated from the rest of the nation. Nothing but success could have saved Karolyi. Instead