power to crown the work which he has so brilliantly
carried through. Under Venezelos' guidance we cannot doubt that the
heart's desire of Hellenism will be accomplished at the impending European
settlement by the final consolidation of the Hellenic national state.[1]

[Footnote 1: This paragraph, again, has been superseded by the dramatic
turn of events; but the writer has left it unaltered, for the end is not
yet.]

Yet however attractive the sincerity of such nationalism may be, political
unity is only a negative achievement. The history of a nation must be
judged rather by the positive content of its ideals and the positive
results which it attains, and herein the Hellenic revival displays certain
grave shortcomings. The internal paralysis of social and economic life has
already been noted and ascribed to the urgency of the 'preliminary
question'; but we must now add to this the growing embitterment which has
poisoned the relations of Greece with her Balkan neighbours during the
crises through which the 'preliminary question' has been worked out to its
solution. Now that this solution is at hand, will Hellenism prove capable
of casting out these two evils, and adapt itself with strength renewed to
the new phase of development that lies before it?

The northern territories acquired in 1913 will give a much greater impetus
to economic progress than Thessaly gave a generation ago; for the
Macedonian littoral west as well as east of the Struma produces a
considerable proportion of the Turkish Regie tobacco, while the
pine-forests of Pindus, if judiciously exploited, will go far to remedy
the present deficiency of home-grown timber, even if they do not provide
quantities sufficient for export abroad. If we take into account the
currant-crop of the Peloponnesian plain-lands which already almost
monopolizes the world-market, the rare ores of the south-eastern mountains
and the Archipelago, and the vintages which scientific treatment might
bring into competition with the wines of the Peninsula and France, we can
see that Greece has many sources of material prosperity within her reach,
if only she applies her liberated energy to their development. Yet these
are all of them specialized products, and Greece will never export any
staple commodity to rival the grain which Rumania sends in such quantities
to central Europe already, and which Bulgaria will begin to send within a
few years' time. Even the consolidated Greek kingdom