The Taihape Daily Times. AND WAIMARINO ADVOCATE SATURDAY, AUGUST 14, 1915. NEW WAR DEVELOPMENTS.

Taihape Daily Times, Volume 7, Issue 270, 14 August 1915, Page 4

The Taihape Daily Times. AND WAIMARINO ADVOCATE

SATURDAY, AUGUST 14, 1915. NEW WAR DEVELOPMENTS.

which is incorporated The Tai- • hape Post una Waimarinu News.)

News oi' the war just to band is distinctly of an encouraging character, j not only is it evident that Bulgaria, as well as other Balkan State,s, is still disposed to fight with the Allies, if at all, but also that, notwithstanding beins driven back into her own country, Russia has some unseen hacking, a something in jher favour, that puts her in excellent odour in the financial world. Russian stock, on Exchange, is said to be brilliant and in demand at increasing quotations. We think that Stock Exchange news in connection with Russian securities, constitutes a far more reliable barometer of the changing war atmosphere, than the collective reports of Avar correspondents, and we are quite safe in attaching considerable importance, thereto. That Russian Stocks are going up on Exchange while her armies are going down before her enemies is so extra-: (ordinary an occurrence that it will chang- th e trend of incught in many countries. The reason for this unusual phenomena is not known generally, but it is put down to one of two things: Either the Grand Duke Nicholas is performing successfully some great strategic feat, or a road through the Dardanelles is well within measurable distance. The indications are that it is the latter, for both diplomacy and finance support the Dardanelles suggestion. Feverish diplomatic [activity with Bulgaria, Roumania, Servia and Greece is evident, and the. fact that Black Sea stocks and shares ar e in increasing demand, particularly Black Sea oils, there can b e very little doubt about the cause. With the Dardanelles open, Black Sea. oils and'South Russian wheat will quickly find their way into countries where, both are urgently needed, while munitions of war will team in that will enable onr ally

to again drive the common enemy back into his own. fastnesses. That Russian

stocks occupy a briliant position on t.h e Exchange is one of the best items of war now coming to hand for some time past. Whatever is said with regard to th e running fight that is proceeding with admitted Russian cleverness, must be tinctured with too much gu.e,ss-work to be of any value in forming a reliable war-view. It seems evident that Germany is still bent upon reaching the main railways ot Petrograd and of attempting an ambitious, though extremely dangerous onward movement, perhaps 'having even Petro. grad in mind. The danger of such a mission, however, needs no emphasising here. With the Dardanelles open a rapid sweep forward from South Russia, and also through Turkey, would instantly put an end to all .German designs' on Petrograd, for the Allies' armie 3 are no longer numerically weaker than tho&a of the enemy. We

ire, not sure vj'ibat attitude Balkan States will take when Allies' ships are sailing from the Mediterranean to Black Sea ports, but it is just upon certain they will rapidly fall into line, against a fee that they know will put an end to their nationality. Taken altogether, Eastern battlefields are, claiming most attention at the present moment, and'th e world is straining a tiptoe expectation of some great event that will enable much freer breathing. On the Gallipoli Peninsula a strange spectacle is presented, notwithstanding the repeated assurances that Sir lan Hamilton had only enough men to successfully repulse. Turkish inroads on his trenches, we find him, landing sufficient forces successfully at points on cr near th e mainland, in Nortr Saros, that enables him to threaten his opponents' communications, at least ham-

pering his focd aiid ammunition supply. Although no news has been allowed to leak out, it is too obvious chat Sir lan Hamilton has been large r ly reinforced, also that other reinforcements are in readiness to land just where, circumstances may indicat e chey can be most effectively utilised. A great movement has been commenced, and the world may lpok for exciting news, good or bad, in very near future. The situation in the Wes-

;ern theatre is not without exciting probabilities. It seems that Kitchener's millions of perfect soldiers were ,et moving some time last month, as aews," in fragments, leave very little doubt about it. We, are told that a very large proportion have landed in Flanders, but for definite information of their present whereabouts, the, censor compels us to wait. Operations are now in such a stage that no intelli-

gent, or approximately .correct opinion of how the war is progressing, can be formed. Surprises ar e in store for both sides, and for everybody, but, diplomatic, financial and military aspects give cause for feeling satisfied that some great forward movement has been entered upon that will tend to. bring the end very much nearer.