immediately after the resumption of intercourse.
Immense supplies of farming implements and other articles of steel
have been stored in the Rhineland, Westphalia, and Silesia, ready
for immediate shipment to Russia, thus enabling Germany to get
ahead of all rivals in this field.

Germans also derive comfort from the fact that their ships will be
ready at once to carry cargoes and passengers, while so many of
those of the Allies will be used for the transport of troops after
the close of the war, and must then rent.

With such plans for "getting the jump" on competitors it is only
natural that I saw more and more irritability on the part of the
financial men with each month of the war after last April.

Von Gwinner's remark about the improbability of war between Japan
and the United States in the near future would, if known to the
German people, cause still another keen disappointment, since one
of their solaces has been the thought that they would soon have an
opportunity of reaping a munition harvest themselves.

When Germany tried to make a separate peace with Russia, Japan was
also approached--how far, I do not know. The Wilhelmstrasse still
maintains a Japanese department, and any possible thread, however
light, which may be twisted from a Tokyo newspaper to show that
perhaps Japan may be won over, is pounced upon most eagerly.
Germany, Japan, and Russia was the combination whispered in Berlin
at the time of the unsuccessful attempt to separate the Allies.

Absolute governments have certain advantages in war. They have
also disadvantages. When things are not running smoothly in
Germany the Germans worry more than do the English when things are
not going well in England. When the German leaders began to
disagree as to the best methods to conduct the war, the effect upon
the people was demoralising. Only their gullibility saved them
from complete dismay, Month after month the great struggle raged,
under the surface for the most part, but occasionally boiling over.
Would it be to the best interests of Germany to go the limit with
the submarines or not? Not once did I hear the subject discussed
on ethical grounds. Some remarks made to me by Doctor Stresemann,
one of the powerful rational Liberals behind the mammoth industrial
trust in Germany, and the most violent apostle of frightfulness in
the Reichstag, aptly express the sentiment in favour of
unrestricted submarine warfare. He and the rest of the men