The past few years have been an age of miracles. Unimaginable events, consummations devoutly wished for but never really expected, have succeeded one another as if the Creator had whistled up a new world. The Berlin Wall tumbles. The Soviet empire melts away. Nelson Mandela, free at last, begins to bring democracy to black South Africans. Now comes what must be considered one of the greatest miracles of all: the first acknowledgment by Israelis and Palestinians that they can share the land both call home.
On paper, what a handful of bargainers have written looks rather small, a narrow agreement on...