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If war is forced upon us, we shall fight and, with God's help, not perish. But to conjure up a war ourselves without having our honor or vital interests imperiled, this I would consider a sin against Germany's destiny, even if human foresight would predict a total victory.

All these attempts on which, as he well knew, I had worked incessantly, were wrested from me. And by whom? By England; and why? Because of Belgian neutrality! Can this neutrality which we violate only out of necessity, fighting for our very existence, and with the express assurance that we will repay any damage, if Belgium lets us march through—can this neutrality and the way in which it is threatened, really provide the reason for a world war? Compared to the disaster of such a holocaust does not the significance of this neutrality dwindle into a scrap of paper?

My last speech before the assembled Reichstag on December 12, 1916, concerned the proposal of Germany and her Allies to enter into peace negotiations Our action found a lively echo in the neutral countries. But in the enemy countries the stubborn war lust of their rulers was stronger than the cry of the nations for peace. Our enemies alone bear the enormous guilt for the continued bloodshed. It was they who rejected the hand of understanding.

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Like you, I believe our most urgent task is a modus vivendi with England. In the last analysis even Morocco was intended to facilitate this. ... We should do everything our finances allow for our defenses on land and sea, but we must work as quietly as possible, not threaten boisterously. Only then can we improve our relations with London and prevent a new naval law from leading to war.

Political friendships are political business transactions and in political, as in economic life, business transactions are most easily and reliably concluded between strong parties The weakling always goes to the wall. A people that lacks a genuine sacrificial spirit or believes that it is not rich enough to keep its armaments in order thereby only betrays that it is played out. I beg you to bear one idea in mind through every difficulty. If anyone should threaten our homestead, we must be ready to the last man.

This evening I have most energetically declared to the Viennese cabinet that Germany will not swim in Austria's wake in the Balkans. Should Vienna reply affirmatively I still do not despair for peace. Sad to say, through quasi-elemental forces and the persistent poisoning of relations among the cabinets, a war desired by no one might be unleashed.

It is a crime that Russia has forced war upon us while we are still mediating between Vienna and Petersburg, and a Franco-Russia war against Germany is enough of a disaster. ... This war turns into an unlimited world catastrophe only through England's participation. It was in London's hands to curb French revanchism and pan-Slav chauvinism. Whitehall has not done so, but rather repeatedly egged them on. Now England actively helps them. Germany, the Emperor, and the government are peace-loving. That the ambassador knows as well as I do. We enter the war with a clear conscience, but England's responsibility is monumental.

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We must maintain Austria proper. Were Russia to unleash the South Slavs, we would be lost. ... If the Serbian quarrel passes without Russian mobilization, we can safely come to an understanding with the Tsar, [who will be] disappointed in the Western powers, once Austria is satisfied.

[We are confronted with our] old dilemma at every Austrian action in the Balkans. If we encourage them, they say we pushed them into it. If we discourage them, they say we left them in the lurch. Then they will throw themselves into the open arms of the Western powers and we lose our last important ally. ... [My predicament is] worse than in 1912, because this time Austria is on the defensive against Serbo-Russian intrigues. ... An attack on Serbia can lead to world war. [Any general conflagration] however it ends [will lead] to a revolution of all existing conditions. ... The future belongs to Russia which grows and grows, looming above us as an increasingly terrifying nightmare. ... Perhaps the old Emperor [Francis Joseph] will prefer not to fight after all. If war comes from the east so that we have to fight for Austria-Hungary and not Austria-Hungary for us, we have a chance of winning. ... [I]f war does not break out, if the Tsar is unwilling or France, alarmed, counsels peace, we have the prospect of splitting the Entente.