Our war is a defensive war, which will achieve its aim when our enemies have been expelled from our territory and their ring has been broken. This aim could be best served by making peace with one or other of our enemies and winning him over to our cause. This would be of immense advantage to the future of civilization and ensure us against the horrors of a prolonged war. A separate peace would be the best chance for certain Powers to change their international policy. To my mind the issues of this war will greatly change the attitude of some hostile States toward us, and will bring about more intimate relations between them and ourselves, besides widening the foundations of the alliance between Hungary and her allies. And this is to be the rock upon which the European balance of power is to rest in the future. Our war is not a war of conquest, and the boundary changes of which some people speak are not the sine qua non of a good peace. Therefore I do not even wish to speak about certain territorial alterations, which, nevertheless, might be necessary.

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