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dynasties, as well as between the two nations, will give sufficient security for settling every existing or arising question in a conciliatory way." With respect to the question of the Egyptian loan that was being discussed at that time, as well as with respect to the burning Afghan question, Bismarck adhered tenaciously to this policy, and later on, too, he was determined to spin the threads further. In the latter part of the Autumn of 1887 an exchange of letters again took place between Lord Salisbury and Prince Bismarck, wherein the latter gave expression to the idea that Austria and England were the natural allies of Germany. If they were opposed to an alliance it would be necessary for Germany to alter its policy entirely and to think about establishing more intimate relations with Russia. This, properly considered, was an invitation to enter into negotiations regarding an alliance treaty. But Salisbury, who hoped for a conflict of the Continental powers which would insure England's position of power for another generation, answered evasively, and Bismarck justly regarded his reply as a rejection. But such a conflict did not arise. The menacing danger brought about by Alexander III. was overcome by the publication of the German-Austrian treaty of alliance. Even then, however, Bismarck did not give up the idea of bringing about closer relations with England. In December, 1888, he wrote: "The promotion of common feeling with England is primo loco to be encouraged." If Bismarck had left behind a political testament this sentence would in all probability be contained in it. Such was also the attitude which our Emperor has consistently maintained from his accession to the throne until the outbreak of the present war. He was a favorite of the old Queen, and the treaty signed on July 1, 1890, whereby we obtained possession of Heligoland by relinquishing our claims to Witu and Zanzibar, was an outward sign of an honest endeavor on the part of both nations to bring about closer mutual relations. The mutual limitation of spheres of interest in East and West Africa in the year 1893, and the friendly adjustment of the conflict which Article III. of the British Agreement with the Congo Free State of the year 1894 had threatened to bring about, might be considered additional symptoms of this general disposition or tendency. The year 1896, however, brought disturbances; the telegram which Emperor William on Jan. 5 sent to Pr
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