If Roumania refuses to conclude peace on the basis laid down by us our answer can only be a resumption of hostilities.
I consider it highly probable that the Roumanian Government will run that risk to prove her necessity in the eyes of the Western Powers and her own population.

But it is just as probable that after breaking off negotiations she will just as quickly turn back and give way before our superior forces.
At the worst a short campaign would result in the total collapse of Roumania.
In all human probability it is almost certain that the development of affairs will take a course similar to the last phase in the peace with Northern Russia, and will lead to an easy and complete success for the Central Powers.

That we lay down the frontier rectification as _conditio sine qua non_ forms a justifiable measure to protect an important interest for the Monarchy of a purely defensive nature.

It is energetically demanded by the entire patriotic public opinion of Hungary.

It appears out of the question that a Minister of Foreign Affairs, had he taken up another attitude in the matter, would have been able to remain in the Delegation.
And, besides, the procedure--to which the greatest importance must be attached--is absolutely necessary in order not to compromise the chances of a general peace.
It is obvious from the public statements of leading statesmen of the Western Powers that they will not be prevailed upon to agree to an acceptable peace, as they do not believe in our capacity and firm resolve to carry it out.