Der Deutsche correspondent. [volume] (Baltimore, Md.) 1841-1918, 1916-07-04

The following paragraphs are from
an article published in The London
Economist OF the 3rd ultimo An
element of human interest attaches
to them from the fact that the editor
of The Economist, who differs from
the belligerent Mr. Hughes of Aus
tralia in being a level-headed think
er, is reported to have resigned from
The Economist that he may have a
wider and more liberal field for his
pen--perhaps the field of peace
The Economist, alluding to Presi-
dent Wilson's address before the
League to Enforce Peace, says, lin
part:
I'VE have no complete reports as
yet; but it is clear that the President
is anxious to smooth the way to
peace, and Is ready, moreover to
take part in making q good and dur
able settlement. AS the protection Of
small nationalities and Of public in
ternational law in the future Is
among our chief concerns, Presi-
dent Wilson's new attitude will
crafty and satisfy all rightminded
men, Some Of the London press
comments were a revelation of the
utter irresponsibility which affiicts
journalism.
Everyone knows the injury done
to the Allied cause by Punch's smart
gibes at the President. But The
Times and The Morning Post are
serious, like Mr.. Hughes ca new
British statesman bailing from Aus
tralia) and like Mr. Hughes they
want to carry on the war as that
prolific orator expresses it, ito the
bitter end"
"And bitter as the end will be, If
Mr.. Hughes has his way, ii will, un-
fortunately, be no end at all; for all
the bitterness and suffering will be
artihcially prolonged until another
war is brought about by the fighting
tariffs in which Mr. Hughes wishes
to involve this unfortunate country.
but if the policy of The Times
and The Morning Post and Mr..
Hughes is the right one, and we are
to go on for years losing 900 men
and five millions sterling a day, then
they ought surely to be overiiowing
with politeness and courtesy to
President Wilson and to the great
people whom he represents.
'For without the friendly neutral
ity OF America, where should we be
in this war? How could the Chan
cellor Of the Exchequer maintain the
exchanges if the credit institutions
of America did not cooperate, and
how could we supply our Allies with
food munitions, and raw materials
but for the bankers of America?
Really the British Government,
ttrI.|n a. &c
served by the newspapers, which pro-
fess to have a monopoly Of patriotism
because they thump the war drum
most loudly"
"The London Press, indeed, which
it denounces peace intrigues' no
longer expresses the public senti-
ment Peace is in the air, and
peace on honorable terms, which
fulfills reasonable expectations, will
be more than popular. It will excite
universal rejoicings. Neither in the
City nor anywhere else do the people
wish the last man and the last farth-
ing to be expended on such vain
imaginations as still figure in the
rhetoric Of few eXitable Journalists
and politicians Even the dispute
between DR. Bethmann Hollweg and
Sir Edward Grey as to the merits Of
the diplomatic past arouses no in
terest. If the Foreign Office can now
show adequate skill in the diplomacy
of peace it will not be expected to
ransack it's drawers for evidence OF
peacefulness in the past"
THE sane belligerent is always
balancing what he hopes to get
against what he is bound to lose.
The only thing certain is that at the
end Of every month we are all much
worse Off than at the beginning.
Therefore, we must always be ready
to discount the future. The German
Chancellor talks about the war map,
but he thinks about the sea chart
and the barometer of finance. Pres
sure is universal. Peace may be
near, and if either the City or the
Army could be polled, the news
papers would lose all credit as the
guides to public opinion"
u-----.---a-----s