We ask you to be convinced that millions of Germans with us, even under the new conditions... will adhere to the monarchic idea and will stand agains… - Gustav Stresemann

Our whole policy since August 1, 1914, has been directed with a view to sparing the neutrals during the world war.... I cannot yet put it down as a fact or as a result of this world war that our policy of sparing neutrals has extended the circle of our friends. Nor is it right to present it as a dogma that annexation or the detachment of territories creates hostility and hatred, while understanding and solicitude results in friendship.

When it is a matter of deciding what amount of work might be demanded of the individual, this question concerns not only the people affected, but must be settled for the benefit of the State and on the basis of moral considerations. The admirable thing about the old Germany was that she considered herself as a mediator and held it to be her duty to take into account the interest of the State first of all. The new Germany must have no other task!... We are stripped of power and we must try to regain, little by little and by means of compromises, our rank as a Great Power.

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