Tue late war, amongst its multitudinous lessons, has possibly proved that the old method of dictating the full terms of peace on the field or very shortly after was after all the best. The victor then knew what he was going to get, the vanquished what he had to pay and probably as the result of such a peace by dictation the result of war more quickly passed away. It was the German method in 1870, good for Germany in that the chained the indemnity she sought, good for France "in the effects of the great effort made to pay it off. In this late war among the many mistakes made when peace was negotiated was to call upon defeated Germany and her Allies to agree to pay a sum in reparation not then, fixed They did so and in fact signed a
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