at only to an Italy remaining within
the Triple Alliance can compensation be given, and, of course, only on
the basis of complete reciprocity--(zug um zugleistung gegen leistung).
To demand anything whatsoever Italy has no right. On the other hand, the
ignoble exploitation of the needs of an ally fighting for her existence
would correspond neither with the generosity of the Italian nature nor
with her real interests.

The honest path for Italy, who finds herself unable to enter the war on
the side of her allies in accordance with the spirit of the Alliance, is
to preserve unconditional neutrality. A simple discussion between the
leading statesmen of all the three powers will banish every shade of
misunderstanding and clear the situation. Italy will spare her strength
for the great task on the other side of the Mediterranean and for her
correct and sensible attitude will receive, under the guarantee of her
friend, (Germany,) the promise of the fulfillment of her comprehensible
desire. Any other policy would be foolish and criminal.

ITALY AND ENGLAND.

_From the Giornale d'Italia, March 26._

It is known in London, we believe, that Italy is firmly resolved to
assure her own future in whatever manner seems best. A seafaring,
agricultural, industrial, mercantile, emigrant people like the Italian
must for its very existence conquer its own place in the sun, cannot
endure hegemonies of any kind, cannot suggest exclusions, oppressions,
or prohibitions of any kind, but must defend at any cost its own
liberty, not only political, but economic and maritime. Italy is
resolved to defend a outrance that sum total of her rights in which the
whole future is inclosed. A people does not spend for nothing in a few
months $300,000,000 to complete its military preparations and does not
intrust for nothing, with a great example of concord, the most ample
powers to the Government.

_From the Messaggero, April 1._

As Prince von Buelow's negotiations have apparently failed, Italy
naturally addresses herself to England. There is, however, this
difficulty: England has already made arrangements with France and Russia
for the solution of the questions of the Dardanelles and Asia Minor,
whereas Italy wishes to have her say in these questions before giving
her assistance to the Triple Entente. Moreover, there are Greek
aspirations in the Levant and Serbian in the Adriatic to be reconciled
with those of Italy. Consequently the situation is