Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1915-02-21
Economic Condition VIII
Enable Her to Fight
Until Victorious
STARVING IMPOSSIBLE
Insight Into Germany's
Commercial Condition
With War in Progress
BY Philip HEINEKEN.
director General of the North Ger
man Lloyd.)


man Lloyd.)
RERLIN, Feb. 1O,-We have now
six months Of war behind us. How
much longer will the war last? The
answer to that question depends en-
tirely on the development or the NH
itary operations. -...,
The word of our leading statesmen
and generals that the war Will las'
under any circumstances until we nave
won is taken by the entire German ma
tiOn as granted.
Can Fight as Long as Necessary
Our enemies believed, as did also
certain enthusiastic pacifists that the
economic structure OF a modern great
mower would be unable to endure
prolonged war, especially II 1t were
possible to cut off the economical rae
tors of that cOuntry's commerce LloIe
or less from the oceans. Ihus ENG
lands starving out theory originated
But this theory, however proved Ial-
lacious, and our experiences oi Ono
mast six months warrant the confldent
belief that we can fight as long as Is
necessary to attain victory.
By system and organization we nave
nroserved our economic life, our bank
ing system, commerce ana industry
By systematic organization 1t was pos
sible successfully to adapt our eco
nomic activity to new ways under
changed conditions. The result Is that
the detrimental effects which ap-
neared sporadically in the first weeks
OF the war have to a great extent dis
appeared today and that In many re-
spects Improvement Is manifest
No Doubt OF Victory.
Three months ago l advocated tho
slogan, stick to It, That pIlHCIplo
has actually been adopted everywhere
with great success. a,ou
Nobody doubts that Germany shaH
emerge successful from TINS war, no
matter how long it may last, and WIN
ont the serious disturbances OF our
economies which our enemies pre-
dicted and desired. Nor does any pouy
doubt that as soon as peace mas p%eqn %
established we shall not alone regain
bv hard work and doubled energy the
fields from which we had telhpol inS
to withdraw, but shall also cdpIuiT
new ones In renewed paI'le "''"
Jealous competitors. ,-..,4
EyJdcnce of this grounded sentiment
was found in the resolution passed Dy
th0 two biggest German steamship
companies not to consider the hnuo"
discussed American offer to purchase
German steamers interned In Ihe
United States Despite the lhNOluH-
tary cessation forced on German snip
ming. our shipOwners are tuliy CON
tinCed that this cessation Is only tenn
norarv and that after the war traIlic
under the German flag will be- as llVely
as ever. so that we shall need every
cubic foot of tonnage at our disposal
VIII Challenge Englands sea huic'
The London Times need not nave
n assured its readers that lho pLopOSou
purchase of German ships hau many many
in America ana ls reStlshI,
+ion had therefore become douDtlul,
II 10 TOO obvious that the Times ala
NOT like the proposition, for the
thought of a revival Of the American
merchant marine must have gone
a qainst the grain Of our Anglo-Sa1oh
cousins from the very beginning, as
thev did not by any means intend 10
see their American colleagues take
the nlace of German competltors' D.
on the seas is the brltlsh
dream, We, however, shall DO every
thing in our power to relieve our en-
emies OF this responsibility, and soon
they Shall meet our flag again every
where. -, -. 10,
"Tbe German people will not let
themselves be destroyed Wheh tlo
uttered these woTus ne
voiced the sentiment of the whoIe Ger
man nation. Even as our army am
our fleet are forestalllng the plans OF
destruction which our enemies are lay.
mo against us. so in all branches OF
oiir trades and industries leading men
as well as individual citizens are doing
their duty in the defense Of our eco
nomic interests by perseverance anu
ada ptation, reorganization and remou-
cling. Thanks to close cooperation al
oyer the empire, our economic arIna-
ment has been strengthened to an eX-
tent that has been greatly underrateu
BY our enemies.
Gold Reserve Doubled.
II is OF the utmost Importance and II
,oa nowhere been overlooked abroad
hat the gold reserves OF our Imperial
,nnk have been doubled in recent
ears and have now reached a total Of
600 .OOO. 900 marks s50O,OOO.OOO),
With the war in full blaze. There Is
very prospect that because OF the
thoughtful measures taken the re-
Ierves will be further increased thus
establishing a safe foundation for the
development of all credit condluons
turing the war. Today our enemies
ave already given up the hope Of see
ng our power of resistance snaken
w a credit crisis. 1t is significant that
raiders have not fully availed them
elves OF the credit at their disposal
n the loan banks. Commerce and
rade are continuing. Many lines OF
business that had to be abandoned
ave been diverted into new channels
lot the least of which are the various
branches of the war industry, with Its
enormous demands for army and
navy.
INNS OF the German newspapers gives
ma an insight into the manifold re-