There is much sentimentality in the Fourteen Points of Wilson's peace program. As far as we are concerned the question of Alsace-Lorraine is one that… - Gustav Stresemann

We welcome the peace with the militarily and politically entirely collapsed Rumania as a world judgment in world history.... Is there anyone to-day who, after the overthrow of the whole of the East, would still doubt a German victory?... Anyone who visualises the collapse of Rumania, this military collapse in three months, this complete political crash of the State that saw itself compelled to sue for peace, must feel that something like a world judgment in world history is taking place.... Then there is the question of the war indemnity. In the debate on the Treaty of Brest Litovsk I said that, surely it could not be contradicted from any part of this House that a war indemnity must be demanded from Rumania If Germany receives an indemnity, then it is a matter of indifference to me what it is called, either in the case of the present Treaty or any further ones.

We very deeply deplore that sentence should have been pronounced that allows of the interpretation as though our military successes were not of a kind which alone present the possibility of attained peace.... What was it that brought peace in the East? Not the talk of statesmen, not diplomatic negotiations, not diplomatic notes, not Reichstag resolutions, but "Ludendorff's Hammer," as Lloyd George has called it. The force of our army, the force of our power.

I hope that you will be in agreement with me when I beg you to do everything possible to prevent Hindenburg's retirement. We must under no circumstances bear the responsibility before the bar of history for having overthrown Hindenburg. I feel that even the abdication of the Kaiser would be easier to bear than the retirement of Hindenburg.