The weekly soliphone., 1917-04-19

lping strikes her nerve center. To begin with, England will be able to bear the pressure.
 "One must not underestimate England I warn you also against iunderestimating her statesmen. Do not let people speak offensively laboit the plebian' Lloyd George. He seems to me to be great or ganizer and man of great quali- ties. Respect this plebeian, swho has given us many nuts to crack! The English people has not lost any of it's toughness, and will under lstand just as well as we do how to bear privations and hunger. England will not give up the fight as lost until she, is really unable to go on with it." .fa
 The Cologne Gazette, one of the leading newspapers of the German empire and frequently the mouth piece of the German admiralty, re- gently printed a long and jubilant probhesy of the way in which the German submarine would gradually destroy neutral trade. The journal re1oices impartially over the dwind- Hing profits of New York, Amster 'd dta Cnristiania, CopenhagenF and
 lona. The only European
 erals that it does not mention are Sweden and Switzerland The editorial writer describes the three |phases of what he calls the ineyita- ble triumph of Germany. The first phase is sketched thus, according to the translation printed in the London press:
 "The torpedoes of the German the great business of the world. The ships cannot sail the seas be- cause the risks are too immense land profits disappear like shadows. There is general collapse of the international war profit speculators. Of course, the indignation of the disappointed profiteers is now di |rected against us. The commercial spirit of the whole world is mobil- ized against us, and all it's back |stair intrigues are used to rouse public opinion against us. That will not disturb us. Relying on our good right, we shall go our way, valuing this manufacture of opinion at it's true worth, and later oh d sobered world will ask wheth- Ter 1t really thought us such fools as to believe in it's Indignation
 The second phase is to be mark ed by the introduction of food tick cts everywhere, and this system is expected to be especially unpopular in France and Italy. As to Italy in particular, "the Germans can con ceive no better means of bringing war weariness to head than food tickets" The Cologne Gazette de- scribes as follows the third phase, which will bring the decision"
 '"rhe submarine war is ultimate ly war about the reputation of the English fleet The question is whether one of the fundamental |assumptions with which England's allies and the neutrals were cap tivated was accurate or not The English fleet has not only to pro vide for the supplies of food and munitions of almost all the allied states, but has to satisfy the com mercial spirit of the whole world
 Either it is able to guarantee the security of imports for the whole alliance or it is not able to do SO In the latter event it's claims to power are mere talk, and the Eng fish control of the seas will be a mere memory. But with belief in the English fleet all belief in Eng land stands or falls. Among both neutrals and Allies the political consequences will soon be seen. "The great business of the neu- ltrals, thanks to the success of our submarine war, is at present at an ehd The gold hunger in New
 York and elsewhere may rage against Us in the newspapers and in notes, but we know it's value. We know, indeed, that this gold hun
 unsuitable, that it can forge
 values and all opinions, and
 sy 4 stimulated indignation. But we know that we are stronger. Hither- 10 three powers have helped us to hold out victoriously-t sword of the German soldier, the blow share of the German farmer, and Ithe intellect of the German profes- lsor. They will continue to prove themselves stronger than the united "a r n, n, arctnl snirit of all pputra e