This chapter analyzes Russia's ambivalent responses to decline at the turn of the century. Overall, Russian pursued retrenchment policies that helped lay the foundations for its resurgence after World War I, but retrenchment was accelerated by blundering into the Russo-Japanese War and undermined by the Bosnian crisis. Structural conditions, such as the belief that the conquest calculus rewarded attack, help explain why retrenchment was hard to maintain, but many of the errors were self-inflicted by a recalcitrant tsar, who was at odds with much of mass and elite opinion.