Courtesy Reuters

MORE than eight months after the opening of the conference, and more than nine months after the signature of the armistice of Mudania, a peace treaty has at last been signed at Lausanne. The armistice was the more important of the two events as regards the avoidance of war; and, once this step had been achieved, there was never any real danger that a break-down in the diplomatic negotiations would lead to a renewal of hostilities, though for this very reason it was impossible to predict when the negotiations would be brought to an end.

Now that the diplomatists have

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