the presidential election. Though generally printed, in
the evening papers for the most part only in extracts, it was
practically passed over in the editorial columns. An attempt to
start a belated Press discussion of the speech by circulating it
in the form of specially printed brochures, or at least to induce
those papers which had only given extracts to publish the whole
text, unfortunately failed; only the _Current History_, a special
war magazine of the _New York Times_, felt itself called upon to
reprint the speech _in extenso_ in its December number. On the
other hand, the passage of the speech which stated our readiness
after this war to take a part in international organizations for
insuring peace was widely circulated here, and attracted corresponding
attention. As I, according to instructions, communicated this passage
to the 'League to Enforce Peace' as the official German message
for their banquet held here on the 24th inst., it was circulated
throughout the country in the detailed Press reports on this
association, which is greatly respected here, and commented on by
many newspapers with all the more sympathy since Germany's sceptical
reserve hitherto towards the question of a peaceful settlement of
international differences has always worked strongly against us
here.

"The interview granted by Your Excellency to the American journalist
Hale has been printed particularly fully by the ten Hearst newspapers,
and further by all the other subscribers to the International News
Service. In the _New York American_ on Thanksgiving Day it occupied,
together with a portrait of Your Excellency, the whole front page.
At special request from many quarters the paper repeated the report
three days later.

"Germany's readiness to enter into peace negotiations, expressed
once more by Your Excellency at this interview, as well as Your
Excellency's statement in the Reichstag on the 29th inst., that
Germany is ready for any peace that will guarantee her existence
and future, have during the last few days been fairly thoroughly
discussed in the New York papers, which particularly dwell on the
words 'a peace guaranteeing our existence and future,' and agree
unanimously as to the urgent desirability of a further and more
exact formulation of the German peace conditions.

"The _New York Times_ says: 'All depends on what guarantees of
the existence and the future of Germany are expected.' The paper
goes on to ask how Germany