A new phrase, reflecting a new mood, was crossing Europe last week: Cold Peace. As cold war means sustained hostility short of World War III, a cold peace means a sustained truce without a settlement. The mood, which was latent and unexpressed, suddenly popped into the open and is now, reported the London Observer, "the main topic of informed political conversation all over Europe."
What spread the mood was Stalin's new party line, his present attitude of unconcern over "capitalistic encirclement," and his prophecy that the "imperialist" nations will war on each other (TIME, Oct. 13). Apparently the world was in...