The effective income is
more than a fourth part of the effective expenses, and the rest is
covered especially by the circulation.
Such is the situation of Hungary, which has lost everything, and which
suffers the most atrocious privations and the most cruel pangs of
hunger. In this condition she should, according to the Treaty of
Trianon, not only have sufficient for herself, but pay indemnities to
the enemy.
The Hungarian deputies, at the sitting which approved the Treaty of
Trianon, were clad in mourning, and many were weeping. At the close
they all rose and sang the national hymn.
A people which is in the condition of mind of the Magyar people can
accept the actual state of affairs as a temporary necessity, but have
we any faith that it will not seek all occasions to retake what it has
unjustly lost, and that in a certain number of years there will not be
new and more terrible wars?
I cannot hide the profound emotion which I felt when Count Apponyi,
on January 16, 1920, before the Supreme Council at Paris, gave the
reasons of Hungary.
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