OPTIMISM IN ENGLAND
ECONOMIC WAR MAY FOLLOW MILITARY WAR. Association—Copyright. (Heed. 0.5 a.m.) LONDON, Feb 15. A wave of optimism is spreading aver England regarding the duration of the war. A lew months ago the prevailing opinion, based on Kitchener's estimate, was that it would last three years. Nowadays, all sections oil people speak of the finish being by autumn. The "Daily Mail," in a leader, warns the people against optimism and maintains there is far from being any financial or economic collapse in Germany. Berlin is probably making a leliberate effort to readjust.its ideas from a short to a long war, while on the other hand big banking authorities held that an economic war will inevitably follow upon the military war. Russian markets in future will ..be closed to Germany, and will favour trade with France, Belgium and Holland. This means to Germany an annual loss of £65,000,000.
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Bibliographic details
Taihape Daily Times, Volume 7, Issue 140, 16 February 1915, Page 5
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149OPTIMISM IN ENGLAND Taihape Daily Times, Volume 7, Issue 140, 16 February 1915, Page 5
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