rst came to America to arrange a combine between the _Journal_
and the Hearst Press. This combine was to support the cause of
Pacifism after the war. Who Bolo's principal was I do not know,
but so much seems to be established, that he was connected with
the _Journal_. Apparently, Bolo wanted to sell shares in this paper
to Mr. Hearst, in order to acquire funds for the Pacifist agitation.
This theory seems justified since Bolo, on the voyage to America,
got into touch with Mr. Bartelli, Hearst's representative in Paris.
The latter did fall in with Bolo's ideas.

Later--whether intentionally or not I do not know--Bolo met the
co-proprietor of the firm Amsinck and Co., Herr Pavenstedt, who was
one of the most respected, if not _the_ most respected, Imperial
German in New York, and intimately acquainted with all the members
of the Embassy. Herr Pavenstedt, who as a private citizen was not in
a position to accept Bolo's suggestions, then travelled to Washington
to lay the matter before me. He gave me to understand that a French
acquaintance of long standing, for whose good faith he could vouch,
had come to America to raise funds for a Pacifist agitation in
France. He said that national feeling in that country had reached
a point which promised success for such a movement, if the prospect
could be held out of a peace by negotiation. Herr Pavenstedt said
that he could not, under any circumstances, disclose the gentleman's
name. As the plans of the Frenchman recommended by Herr Pavenstedt
coincided with my policy for bringing about a peace by negotiation,
and I had absolute confidence in Herr Pavenstedt, I communicated
the matter to Berlin, where the necessary money was granted. Later,
the breaking off of diplomatic relations with the United States
interrupted the policy I had initiated, and also put an end to
any prospect of effecting a change of feeling in France, where
the hope of American assistance revived enthusiasm for the war.

I do not know how Bolo's enterprise came to the knowledge of the
French Government. In any case this cannot have been due to the
deciphering of my telegrams to Berlin, as I did not know Bolo's
name. Owing to this ignorance on my part it was arranged between
Herr Pavenstedt and myself, at a second interview, that the anonymous
Frenchman should at a given time address further communications
on the progress of the movement to our Embassy at Bern under the
pseudonym "St. Regis."

At the time of t