The question of Belgium must not be detached from the complex of the Western questions as a whole. Belgium is a most valuable pledge in our hands. - Gustav Stresemann

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 we cannot discuss and it cannot even be raised at any international conference. The territorial integrity of Turkey must be maintained. The Reich Chancellor has declared that we do not seek the annexation of Belgium. However, the Flemish movement is working for independence. The Reich Government should make it its task to support this movement. With regard to the question of self-determination... it must be remembered that there is no political education in Lithuania and that from seventy to eighty per cent of the population there is illiterate.... [<nowiki/>Poland does] not need freedom.

We see the strongest guarantee of peace for Europe in a policy of expansion. When have we exploited the embarrassments of other peoples? When Russia was at war with Japan, the Tsar was able to take his last regiment away from our frontier. We did not regard Morocco as an object of war, we looked on while East Africa was divided, while France was creating a great colonial empire of Tunis, Algiers and Morocco, while Italy occupied Tripolis, while Persia was divided between Britain and Russia into two spheres of interest—the world could always rely on the German Kaisers and the German people's love of peace. And what thanks have we had? A world of enemies.... When one awakens in this way from a beautiful dream one must not follow that dream again, must not in future believe that renunciation of a world policy will be a guarantee of permanent freedom. They grudged us the right to economic development. We thank the Chancellor for what he said yesterday concerning our security in the East and West.

International indebtedness involves not only the usual slavery of debt, but the interest of the creditor nations in the debtor country.