But in order to carry on submarine war in the Adriatic we should have to give the Germans access to our bases, such as Pola, Cattaro and Trieste, and by so doing we were _de facto_ partaking in the submarine campaign ourselves.

If we did not do it, then we were attacking Germany in the rear by hindering their submarine campaign--that is to say, it would bring us into direct conflict with Germany.

Therefore, albeit sorely against our will, we agreed, not convinced by argument, but unable to act otherwise.
And now, gentlemen, I hasten to conclude.

I have but a few words to say as to the present.

From time to time reports have appeared in the papers to the effect that certain gentlemen were preparing disturbances in Switzerland, and I myself have been mentioned as one of them.