Hungary has undergone the greatest occupation of her territories and her wealth.  This poor great country, which saved both civilization and Christianity, has been treated with a bitterness which nothing can explain except the desire of greed of those surrounding her, and the fact that the weaker people, seeing the stronger overcome, wish and insist that she shall be reduced to impotence.  Nothing, in fact, can justify the measures of violence and the depredations committed in Magyar territory.  What was the Rumanian occupation of Hungary:  a systematic rapine and the systematic destruction for a long time hidden, and the stern reproach which Lloyd George addressed in London to the Premier of Rumania was perfectly justified.  After the War everyone wanted some sacrifice from Hungary, and no one dared to say a word of peace or goodwill for her.  When I tried it was too late.  The victors hated Hungary for her proud defence.  The adherents of Socialism do not love her because she had to resist, under more than difficult conditions, internal and external Bolshevism.  The international financiers hate her because of the violences committed against the Jews.  So Hungary suffers all the injustices without defence, all the miseries without help, and all the intrigues without resistance.

Before the War Hungary had an area almost equal to that of Italy, 282,870 square kilometres, with a population of 18,264,533 inhabitants.  The Treaty of Trianon reduced her territory to 91,114 kilometres—­that is, 32.3 per cent.—­and the population to 7,481,954, or 41 per cent.  It was not sufficient to cut off from Hungary the populations which were not ethnically Magyar.  Without any reason 1,084,447 Magyars have been handed over to Czeko-Slovakia, 457,597 to Jugo-Slavia, 1,704,851 to Rumania.  Also other nuclei of population have been detached without reason.

Amongst all the belligerents Hungary perhaps is the country which in comparison with the population has had the greatest number of dead; the monarchy of the Habsburgs knew that they could count on the bravery of the Magyars, and they sent them to massacre in all the most bloody battles.  So the little people gave over 500,000 dead and an enormous number of injured and sick.

The territories taken from Hungary represent two-thirds of her mineral wealth; the production of three million quintali (300,000 tons) of gold and silver is entirely lost; the great production of salt is also lost to her (about 250,000 tons).  The production of iron ore is reduced by 19 per cent., of anthracite by 14 per cent., of lignite by 70 per cent.; of the 2,029 factories, hardly 1,241 have remained to Hungary; more than three-quarters of the magnificent railway wealth has been given away.

Hungary at the same time has lost her greater resources in agriculture and cattle breeding.

The capital, henceforth, too large for a too small state, carries on amidst the greatest difficulties, and there congregate the most pitiable of the Transylvanian refugees and those from other lost regions.