This account by Trotsky is of the events in Russia from the October Revolution of 1917 in Petrograd, to his signing of the Brest-Litovsk treaty with Germany on 3rd March 1918 which took Russia out of the First World War. The treaty exacted heavy losses for Russia in terms of annexations of land and financial indemnities to Germany. In this extended essay, Trotsky argues the reasons as to why he decided to sign what appears to be a disastrous agreement for Russia.