They are inadequate and might be rendered nought in case of
the victory of the Entente powers.
2. They do not give Italy a defensive frontier in the north
and east.
3. They do not materially improve Italy's commercial and
military condition in the Adriatic.
4. They make no mention of Dalmatia and the Dalmatian
Archipelago, with their deep harbors and natural
fortifications--a curious contrast to the lowland harbors of
the Italian coast opposite.
The Italian demands take into account the possible victory of
the Entente powers.
In the circumstances, it is best to begin with an extract from
a German paper, as there seems to be an impression abroad that
Germany has not appreciated Italy's reasons for not joining
with her allies at the beginning of the war and has conducted
a propaganda discrediting her willingness to remain neutral
provided the Austro-Hungarian concessions proved sufficient
and were sufficiently guaranteed.
THE GERMAN VIEW.
_From the Frankfurter Zeitung of March 3._
Article VII. of the Austro-German-Italian Treaty, the terms of which
have never before been made public, not only provides for the right of
compensation in case one party to the contract enriches itself
territorially in the Balkans, but also forbids either Austria or Italy
to undertake anything in the Balkans without the consent of the
other.
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