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the demand for it continued to come in, which proved that the buyers were informed in time. The newspaper adds that the things to be sold have been visited by buyers coming from old Germany as well as from Alsace-Lorraine, and sales propositions have been made before the publication of notices in the newspapers. It seems, furthermore, that if the sales of land and the exploitation of farm lands have ended rapidly, it was because colonization societies, called "black bands," have overtly bought up or had bought up the properties by their agents, in the hope that their plans would be realized after the war. In industrial matters, there was recently founded in Berlin a German syndicate which proposes to buy up the actions. For the textile industry in particular, it is a question of a veritable trust against which is arrayed "a syndicate of Alsatian manufacturers who have felt the need of defending themselves." The entire scope of recent German policies with regard to Alsace-Lorraine shows that this land which von Hertling said was "allied to Germanism by more and more intimate bonds" has been, as a matter of fact, to treat it like a foreign land, kept by force under imperial domination and submitted, like the occupied portions of France and Belgium, to a veritable reign of terror. APPENDIX VI HOW GERMANS UNDERSTAND FUTURE PEACE If an account is desired of the manner in which the Germans understand a future peace, this letter suffices. It was addressed to the _Berliner Lokalanzeiger_ by Herr Walter Rathenau. He was in charge of the direction of all industrial establishments in Germany: We commenced war a year too soon. When we shall have obtained a German peace, reorganization on a broader and more solid basis than ever before must commence immediately. The establishments which produce raw materials must not only continue their work, but they must also redouble their energies and thus form the foundation of Germany's economical preparation for the next war. On the lessons taught by actual war we must figure out carefully what our country lacks in raw materials and accumulate great stores of these which shall never be utilized until _Der Tag_ of the future. We must organize the industrial mobilization as perfectly as the military mobilization. Every man of technical training or partial technical training, whether or not he is
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