Notes by E. Lasker.

1. 5.Nc3 5. Castles followed by 6. P to Q 4 seems to take better advantage of the useless advance of the Black Queen's Rook's Pawn.
2. 6.Nxe5 The only feasible continuation that promises attack. If, for instance, 6. Castles, P to Q 3; 7. P to Q 3, P to Q Kt 4; 8. B to Kt 3, B to K Kt 5, Black will certainly not have the worst of the position.
3. 9.f4 This early advance strains the position to an extent which is not justified by the disposition of forces. It would have been simpler and far preferable to take the Knight immediately, and then to continue by Q to Q 3.
4. 12.d5 White's game is now anything but comfortable. Black will be first to take the open King file with his Rooks in the ordinary course of events; for instance:—12. Kt to Q 5, P to Q Kt 4; 13. B to Kt 3, B to Kt 2; 14. Kt x B, ch, Q x Kt; 15. B x Kt, P x B; 16. B to K 3, K R to K sq; 17. Q to Q 2, B to K 5, &c., and will then, of course, have everything his own way, the advance of the King's Bishop's Pawn having left that file very weak. White therefore prefers to run great risks in order to be able to assume the attack.
5. 12…c5 He threatens now 13.... B x Kt; 14. P x B, P to Q Kt 4; 15. B to Kt 3, Kt to Kt 3, &c., and if 13. B to Kt 3, Kt to Q 3; 14. P to Q R 4, P to B 5; 15. B to R 2, P to Q Kt 4.
6. 22…Bd7 Perfectly incomprehensible. So far he has correctly met the attack and need only remove his Queen to Kt sq to earn the reward for his circumspect play; e.g.:—22. ... Q to Kt sq; 23. Q x Kt, B x P; 24. R x P, Q R to K sq; 25. Q R to K 7, R x R; 26. R x R, Q x P, and should win; or 23. Q to R 3, Kt to Kt 3, threatening Kt x P or Kt to Q 2 and K 4 with the same result. It must be admitted, however, that even in the text variation White's play to draw is exceedingly difficult to find.
7. 24.Re6 A very interesting manoeuvre. The Rook must eventually be taken, as otherwise the Queen's Pawn would fall. The passed Pawn at K 6 which White thus obtains is quite a compensation for the exchange sacrificed.
8. 28…Kg8 He has nothing else. 28.... R to K B sq would have been answered by 29. P to K 7, Kt x P; 30. P to B 6.
9. 29…Nxf6 Of course the only alternative open to him, as otherwise he would have to lose one of his Rooks. The game is now perfectly equalised, and legitimately ends in a draw.