The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1914-08-28
Written for the chamber of commerce
Of German-American Commerce,
Inc, by a New York fnancier.

NEW YORK, Aug. 27.-The ulti-
mate desire of England TO drive Ger
many from, the ranks of the nations
that compete for the worlds rre,,om-
nance at sea, and therefore iii COM
merce and industry, is clearly shown
in the proclamation of the British
government to it's banks and banking
institutions, putting the great ban en-
German commerce.
The English government prohibits
banking dealings with firms having
German partners.
Until further. particulars of this
prohibition have been received it can
not be determined whether it applies
only to firms holding connections in
Germany, or to all firms outside of
Germany which are considered under
the han because of their having even
single partner of German citizen
ship in their organization.
The natural recourse OF such firms
will he to make New York instead
G Lore CT the point Of financial clear
rigs ard establish such come c,s as
will Ee1mit under the new feI.ral
reserve banking law, drawing la;ge
bills of exchange in dollars instead OF
pounds sterling and acccptances of
their bills from national banks organ
lied under the new law of the United
States now about to be established
with special provisions 70 facilitate
foreign trade in this country
By the Naval Expert of the Chamber
of German-American Commerce
Inc, New York City.
NEW YORK, Aug 27.-Where is
England now, With her enormous fleet
which every nation had expected to
simply wipe the German fleet off the
North sea? Had the English fleet
been victorious, England most prob.
ably would have pressed upon Den.
mark in order to be able to lane
troops at Ejsberg, and from there tc
invade Germany from the north. Fol
years it has been rumored that the
harbor of Ejsberg, which was deep.
ened by the Danish for about twenty
eight feet, had been deepened through
English influence. That nothing Q:
this sort has happened as yet prove!
that the German fleet is still control
ling the Danish and the German coas
Of the North sea, as we'll as the whole
eastern part of the North sea itself.
All we have heard of until now ha
been the destruction of the German
mine layer, Koenigin Luise and of on,
German submarine boat.
Mine Laying Explained.
The Koenigin Luise, which in time
of peace is an excursion boat, wa
sent to lay mines, not as erroneousl,
stated, on the German coast, wher,
they would be of no use, since the,
would only serve to destroy our owl
ships, but in front of the mouths O
the English harbors, in order to pre-
vent the English ships from leavin,
the harbors. She carried, as all tn
German mine layers do, a complet
map of the parts of the North Sc;
where she was supposed to drop tn
mines. Every spot where a mine i
to be dropped is carefully laid out be
forehand and latitude and longitud
are carefully taken before the mine i
laid. The mines laid by the German
are attached to an iron block Whicl
drops in the water, anchoring itsel
on the bottom of the sea. Through al
automatic clockwork the height t.
which the mine rises from the ancho
is carefully fixed beforehand and cor
responds with the assumed depth o
the ocean at the spot where the min
is supposed to be laid. In the Russo
Japanese war the Japanese mine
were attached to wooden structures
which, after the mine was anchore
on the bottom, always drifted on tn
surface of the water, therefore warn
ing the Russian warships Of the pres
ence of the Japanese mines. With tn
German iron structure to which tn