Evening journal., 1917-06-08
German BANKERS
FEAR TRADE RUIN
Said TO Realize Annexation
ist Victory Would Mean
Economic Isolation
UNITED STATES
EFFORTS DECRIED

THE HAGUE, June 8.-The annexa-
honist propaganda, having its origin
N the industrial centers OF the Rhine
province and Westphalia, which is ex-
lending throughout Germany, is met
sy anxiety in banking and export cir
lies regarding Germanys economic
iituation after the war. Although they
are attacked by the Reventlowians
md other annexationlst enthusiasts.
he great German banking papers con-
stantly repeat their warnings Appar-
sntly coolor-headed Germans realize
fully that they would pay for annex
ng the smallest portion Of France or
Belgium by losing their world mar
ket.
In order to overcome this increas-
lngly powerful opposition, the annex
ationists resort TO new argument,
namely. that American selhshness
which will not allow President Wilson's
administration or any other govern
mont 10 deprive America of the advan-
tage of reciprocal trade with the Gem
trail Empires. The National Liberal
organs Of the industrial magnates
now assert, in direct contradiction of
what they said a month ago. thatthe
entry of the United states into the
war will not produce economic disas-
ters outwoighing Germanys military
advantage in Europe.
The Weser Zeitung reprints cable
Z dispatch sent from The Hague on May
s. in which IL was pointed out that
America, with the Entente Powers,
could So close the worlds markets to
German trade that Whatever her mill
tary position might be. her financial
ruin would be certain This assertion
was openly admitted by several Ger
man papers at the time. This great
National Liberal anncxationist ship
ping organ now declares that this
idea of closing the world markets is
"typ'cally American in its exaggera-
hon."
Under the prominent headline DOL
lar War; Dollar Peace" the Zeitung
proceeds to argue that America as
heretofore, will fight Germany eco
nomically and more with dollars than
with soldiers. But. It says, the eco
nOmic truth Is somewhat different
than people imagine cover there" II
admits that Americas economic
strength is great. but says that Ger
many's Is not less, as SO months o'
war have shown.
"Gormany's foremost enemies" 4
SAYS "are European, and these Ger
many has mastered IN such wa
that she can hope for German
peace, and when peace Is made
will be shown that the Paris confer
cncc has hatchod an egg out Of whicl
no dragon will appear 20 strangl
German trade. The Central Power
command too large and too we'll popu
lated an area for the Allies TO give u
their trade light-heartodly. and Ger
many also possesses potash wit
which her enemies are obliged pain
fully TO dispense. When peace come
Germany will see that her economi
future is not fettered. but assured, an
that applies TO the rest of the world
So we need not be frightened a
Americas warnings. as America wa
always a bragger Neither Amer C
nor her allies will give up the mar
ket Of the Central Powers.
1--WE do not intend TO send troop
over the Atlantic to defeat them ]
their own country. and they will b
able TO say that they are unbeaten
but an unboaten America is no cour
ierpoise against her unyictorious a
lies. We need not beg peace OF IN
United states. as we did not declal
war. II America wants peace good
but she must first get down on ne
high horse. and she cannot expect Una
we will hold the stirrup."