“GERMANY IS TOTTERING.”
DESIRE FOR END OF THE WAR.
The Telegraph’s correspondent at New York says that the Press are unanimous in predicting that Germany is nearer defeat than Britain imagines, i American sources of information from the Central Powers prove that the reserves of food and men in Germany are almost ended, and when they aie exhausted she must collapse. Wall Street is confident that tlie war will be ended in I9IG. Bankers who are in constant touch with European capitals are most optimistic, and declare emphatically that Germany is already beaten, despite her military succeesses. All prominent American financiers say that commercially and economically Germany is tottering, and this is reflected by the extraordinary depreciation of currency. The necessities of life in Austro-Germany have advanced seventy per cent, and are still rising alarmingly. Financial authorities in America are firmly convinced that when the taxpayers were really hun--1 gry the war must collapse i The National Review publishes the 1 French General Staff’s account of the battle in the Champagne. The Gerj mans, to the beginning of September, K
had seventy battalions on the Champagne front, anticipating an attack, and added twenty-nine, and after the battle they were compelled to send ninety-three fresh Jbattalions. 1 We i’ e " gard 150,000 men its under the estimate of the German fosses,” says the Review. “Germany has used her icsnuroes of men prodigally, nnd they are now extremely limited.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/STEP19160104.2.25
Bibliographic details
Ngā taipitopito pukapuka
Stratford Evening Post, Volume XXVIV, Issue 24, 4 January 1916, Page 6
Word count
Tapeke kupu
237“GERMANY IS TOTTERING.” Stratford Evening Post, Volume XXVIV, Issue 24, 4 January 1916, Page 6
Using this item
Te whakamahi i tēnei tūemi
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.