11 



by way of an extension of her possessions in Erythrsea, Somaliland, 

 and Libya and the colonial areas adjoining French and British 

 colonies. 



ARTICLE 14. Great Britain undertakes to facilitate for Italy 

 the immediate flotation on the London market of a loan on advan- 

 tageous terms to the amount of not less than 50,000,000. 



ARTICLE 15. France, Great Britain, and Eussia pledge 

 themselves to support Italy in not allowing the representatives 

 of the Holy See to undertake any diplomatic steps having for their 

 object the conclusion of peace or the settlement of questions 

 connected with the present war. 



ARTICLE 16. The present treaty is, to be kept secret. As 

 regards Italy's adhesion to the Declaration of September 5, 1914, 

 this Declaration alone will be published immediately on the 

 declaration of war by, or against, Italy. 



Having taken into consideration the present memorandum, 

 the representatives of France, Great Britain, and Russia, being 

 authorised thereto, agreed with the representative of Italy, like- 

 wise authorised thereto, as follows.: 



France, Great Britain, and Russia express their complete 

 agreement with the present memorandum submitted to them 

 by the Italian Government. In respect of Articles 1, 2, and 3 of 

 the present memorandum, regarding the co-ordination of the 

 military and naval operations of all the four Powers, Italy 

 declares that she will actively intervene at an earliest possible 

 date, and, at any rate, not later than one month after the 

 signature of the present document by the contracting parties. 



The undersigned have confirmed by hand and seal the present 

 instrument in London in four copies. April 26, 1915. 



(Signed) GREY, CAMBON, IMPERIALI, BENCKENDORF. 

 (Manchester Guardian, January 18, 1918.) 



III. THE AGREEMENT WITH ROUMANIA. 



From a series of Russian diplomatic documents published in the 

 " Izvestiya " on February 4, 1918, and summarised by 

 the " Manchester Guardian's " Petrograd correspondent 

 (February 8). 



On the same day [August 8, 1916] the text of an agreement 

 between the Allies and Roumania is prepared, giving satisfaction 

 to all Roumanian's claims to the Banat, Transylvania up to the 



