Well, this is a strange reversal of the situation. The English are at loggerheads with the Americans. The Lansdowne Clique has coalesced with the Labour Party to obtain a swift acceptable peace for Germany. It seems that Lloyd George put pressure on him to this end. On the other hand we know that the Paris Senate has said that it will not come to the conference table to sue for peace but pursue the war with every means in its power. After your report I'll read you a confidential letter I have received from an agent in Holland...The agent...points to a possibility of coming to terms with England, which is obviously perturbed by American numerical superiority, and thinks we should have done better not to make peace overtures to America but to England...An agreement with England, to include a treaty with Japan to fling the Americans out of Europe. A European Monroe doctrine therefore to which I outlined to Hintze at Spa as the policy to be followed in future.