We were severely handicapped by the war of 70-71 and by our geographical position. Since the coronation of Emperor [William II] we often did the opposite of that which would have lightened our burden. ... [But] surely imperialism would have triumphed even without our help, and it remains highly questionable if, even with the most reasonable policy, we could have prevented the natural French, Russian, and English opposition from uniting against us. We have become guilty but only universal and collective guilt has brought about the world catastrophe.

Lord yes, in a certain sense it was a preventive war, [motivated by] the constant threat of attack, the greater likelihood of its inevitability in the future, and by the military's claim: today war is still possible without defeat, but not in two years! Yes, the generals. It could only have been avoided by a rapprochement with England, that is still my conviction. But after we had decided for a [common] policy with Austria, we could not desert her in such danger.

Of the sea blockade imposed by us jointly with Austria-Hungary on Britain, France and Italy, I spoke on January 31 before your Main Committee. To the Note announcing the blockade which was published at the tune, we have received from the neutrals replies with reservations and protests. We are by no means unaware of the great difficulties with which neutral shipping has become confronted, and are trying to mitigate them as far as possible. But we also know that these difficulties are ultimately due only to Britain's brutal sea tyranny. It is this enslavement by Britain of all non-British sea traffic that we want to and willl break. The freedom of the sea, for which we are fighting, will also be of benefit to the neutral countries.

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.

What I am able to say concerning the direction and aim of our terms, I have already said repeatedly. To put an end to the war with a durable peace that will compensate us for all the wrongs we have suffered and will safeguard the existence and future of a strong Germany—that is our aim.

We will create real guarantees to ensure that Belgium shall not become a Franco-British vassal and shall not be used as a military and economic high road against Germany. Germany cannot abandon the so long enslaved Flemish people to Latinisation. We will, on the contrary, ensure for it a sound development corresponding to its resources and based on the Flemish language and character.

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I repeat the words of the Kaiser: ‘We enter the struggle with a clear conscience!’ (Great enthusiasm.) We are fighting for the fruits of our labours in peace, for the heritage of a great past, and for our future. The fifty years are not yet ended within which Moltke said we should stand at arms to defend the heritage and the achievements of 1870. The hour of great trial has struck for our nation. But we look forward to it with absolute confidence. (Tremendous applause.) Our army is in the field, our fleet is ready, and behind them the entire German nation (roars of enthusiastic applause and hand-clapping in the whole House)—the whole German nation! (These words were accompanied by a gesture towards the Social Democrats.—Renewed outburst of applause, in which the Social Democrats also joined.)

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.

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?

We are now in a position of self-defence, and necessity knows no law! (Cries of “Quite right.”) Our troops have occupied Luxembourg, perhaps they have already entered Belgium. (Loud applause.) That is a breach of international law. The French Government, it is true, had declared in Brussels that they would respect Belgian neutrality so long as their opponent respected it. But we knew that France stood ready to invade it. (Cries of indignation.)

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.

Germany and England have undertaken all steps to avoid a European war. ... [W]e have lost control and the landslide has begun, As a political leader I am not abandoning my hope and my attempts to keep the peace as long as my démarche in Vienna has not been rejected.