ppression.

President Wilson's ideas on the subject have been embodied in a
bulky volume.[1] Turning over the pages of this book now we have the
impression that it is a collection of literary essays by a man who had
his eye on posterity and assumed a pose most likely to attract the
admiration of generations as yet unborn. But when these same words
were uttered in the intervals of mighty battles, they fell on
expectant and anxious ears: they were regarded as a ray of light in
the fearsome darkness of uncertainty, and everybody listened to them,
not only because the President was the authorized exponent of a
great nation, of a powerful people, but because he represented an
inexhaustible source of vitality in the midst of the ravages of
violence and death. President Wilson's messages have done as much as
famine and cruel losses in the field to break the stubborn resistance
of the German people. If it was possible to obtain a just peace, why
go to the bitter end when defeat was manifestly inevitable? Obstinacy
is the backbone of war, and nothing undermines a nation's power of
resistance so much as doubt and faint-heartedness on the part of the
governing classes.

[Footnote 1: "President Wilson's State Speeches and Addresses," New
York, 1918.]

President Wilson, who said on January 2, 1917, that a peace without
victory was to be preferred ("It must be a peace without victory"),
and that "Right is more precious than peace," had also repeatedly
affirmed that "We have no quarrel with the German people."

He only desired, as the exponent of a great democracy, a peace which
should be the expression of right and justice, evolving from the War a
League of Nations, the first milestone in a new era of civilization, a
league destined to bind together ex-belligerents and neutrals in one.

In Germany, where the inhabitants had to bear the most cruel
privations, President Wilson's words, pronounced as a solemn pledge
before the whole world, had a most powerful effect on all classes
and greatly contributed towards the final breakdown of collective
resistance. Democratic minds saw a promise for the future, while
reactionaries welcomed any way out of their disastrous adventure.

After America's entry in the War, President Wilson, on January 8,
1918, formulated the fourteen points of his programme regarding the
finalities of the War and the peace to be realized.

It is here necessary to reproduce the original text of President
Wilso