The settlement of the Balkans described in this article will probably last for at least a generation, not because all the parties to the settlement are content, but because it will take at least a generation for the dissatisfied States to recuperate. Bulgaria is in far worse condition than she was before the war with Turkey. The second Balkan war, caused by her policy of greed and arrogance, destroyed 100,000 of the flower of her manhood, lost her all of Macedonia and eastern Thrace, and increased her expenses enormously. Her total gains, whether from Turkey or from her former allies, were but eighty miles of seaboard on the Aegean, with a Thracian hinterland wofully depopulated. Even railway communication with her one new port of Dedeagatch has been denied her. Bulgaria is in despair, but full of hate. However, with a reduced population and a bankrupt treasury, she will need many years to recuperate before she can hope to upset the new arrangement. And it will be hard even to attempt that; for the status quo is founded upon the principle of a balance of power in the Balkan peninsula; and Roumania has definitely announced herself as a Balkan power. Servia, and more particularly Greece, have made acquisitions beyond their wildest dreams at the beginning of the war and have now become strong adherents of the policy of equilibrium.
The future of the Turks is in Asia, and Turkey in Asia just now is in a most unhappy condition. Syria, Armenia, and Arabia are demanding autonomy; and the former respect of the other Moslems for the governing race, i.e., the Turks, has received a severe blow. Whether Turkey can pull itself together, consolidate its resources, and develop the immense possibilities of its Asiatic possessions remains, of course, to be seen. But it will have no power, and probably no desire, to upset the new arrangement in the Balkans.