New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-03-23
Banker Sees End of War,
but Only on Terms
Fixed by Kaiser.
.SITUATIONUNCHANGED
SINCE LAST AUGUST
Wall Street Calls Peace Talk
Test Balloons, TO See the
Way the Wind Blows.

Germany is tired Of war and wants
peace if she can have II on her own
terms"
That is the statement made ycster-
day by one Of the most prominent Of
the pro-German gro.p Of bankers in
Wall Street, IN commenting on the re-
ports from Washington that the Cen
trial Empires have made or arc about 70
make move looking toward the end
ing OF hostiities.
This banker. who has been in as
close touch with Berlin as the block
sded channels Of information would
permit, said that the situation has no.
changed materially. so far as Germany
was concerned. from last August, when
the war was a year old.
Germany is sick Of the war" said this
banker. nightly sick, and she would
naturally be glad 20 make peace. if the
terms were favorable. But in possess
sion, as she is, OF practically all Of Bel
GUM and OF Northern France, she is
not so SICK as 20 be anxious or willing
20 restore all that she has and be
heavily penalized IN addition.
Tired, but Not Suing for Peace.
That is all there is 20 the talk OF
Germany wanting peace or suing for
peace at this time.
1T is true. indisputably true, that
the war has not been the success Ger
many hoped and believed that IL would
be. but with the example of Frederick
the Great before her. It is difficult 10
imagine Germany yielding much more
than she has been willing 70 yield for
months in order 20 obtain peace. There
is the situation in a nutshell"
This view Of the situation is held In
the counting rooms Of the bankers in
close touch with the affairs of the Al
lies. j. p. Morgan has been inaccessible
TO lnterviewers seeking war news since
he returned from London. but men in
position 20 know his news and views
declare that he has no idea that there
will be an early peace or any agreement
on the part of England and her Allies
that will not make for as lasting quiet
as that which followed the downfall Of
Napoleon.
England" Mr. Morgan is quoted as
saying in substance. "is not blood
thirsty, or DESTROYS Of reducing Ger
many 20 the rank OF vassal
state, but there IS we'll de-
fined demand that when peace
does come II must come 70 stay. No
such abortive peace as that OF the Bal
kans in 1913 is wanted or desired. VITA
the Allies reaching the peak of their
power, and Germany naturally and IN.
eyitably growing weaker, any idea o.
Germany debating the terms is out Of
the question.
Quotes Morgan on Outlook.
Naturally Germany wants to make
peace while she has the advantages
won in the early days OF the war.
but il would be surprising II. with the
pendulum swinging their way. the AL
lies should think OF being content with
a peace that would merely put things
back as they were and not guarantee
for a long time to come that there
would be no repetition Of August, 1914.
There was a decided tendency in
some quarters TO hold that the peace
reports were nothing more nor less
than what the French term test bal
looms" sent up 10 indicate the direction
Of the wind currents.
One angle Of the reports that inter
ested many was the report that IN
making a settlement with Germany
England might cede certain colonies, IN
GLIDING an island in the West Indies
The United States" said one inter-
national lawyer. might have something
TO say about that. / recall that some
time ago the Danes thought sometime
of selling their West Indian islands 70
Germany. Il is my recollection that