We construct an equation-of-state for nuclear matter based on the chiral
Lagrangian. The relevant scales are discussed and an effective chiral power
expansion scheme, which is constructed to work around the nuclear saturation
density, is presented. A realistic equation-of-state is obtained by adjusting
one free parameter, when the leading and subleading terms in the expansion are
included. The saturation mechanism is due to correlations induced by the
one-pion-exchange interaction. Furthermore, we find a substantial deviation
from the Fermi-gas estimate of the quark condensate in nuclear matter already
at the saturation density.Comment: revised version, with minor corrections, 13 pages, 3 Postscript
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