. The Literary digest history of the world war, compiled from original and contemporary sources: American, British, French, German, and others. ing to take their cuefrom the barbarity and lawless-ness of the German Govern-ment. They are trying to prac-tise the terrorisms inculcatedby the German military codeand are beginning to remove byviolence those who hinder, orare supposed to hinder, Ger-manys success. The NewYork Times suggested that theworst enemy of Germany could hardly have done the Ger-mans a greater disservice than by such deeds, which couldhave no other effect than to turn pu])lic
. The Literary digest history of the world war, compiled from original and contemporary sources: American, British, French, German, and others. ing to take their cuefrom the barbarity and lawless-ness of the German Govern-ment. They are trying to prac-tise the terrorisms inculcatedby the German military codeand are beginning to remove byviolence those who hinder, orare supposed to hinder, Ger-manys success. The NewYork Times suggested that theworst enemy of Germany could hardly have done the Ger-mans a greater disservice than by such deeds, which couldhave no other effect than to turn pu])lic opinion against Ger-many and her cause. Denounced by Dr. C. J. Hexamer, president of the Na-tional German-American Alliance, as a nefarious plot torob the American people of their savings, and defendedby no less an authority than James J. Hill, as of far moreimportance to the United States than to England, a pro-posed loan of a billion dollars to England and France forthe negotiation of which the Lord Chief Justice of Englandand eminent bankers from London and Paris came to NewYork early in October, 1915, interested the man in the street. (Cj HAUL .T. P. Morgan 285 IN THE GERMAN COLONIES AND ON THE SEA ilmost as much as it did the bankers, because, in the lastAnalysis, it was his money tliat would be borrowed and usedto buy American wheat, cotton and manufactures. Opposi-tion to the loan ran high in many pro-German circles. Thelives of the Anglo-French commissioners were threatened byletter, and there was a short-lived agitation for the with-drawal of German-American deposits from American bankssubscribing to the board. Some few of the great Easternbanking-houses of German affiliation, however, shared view of the loan; they agreed with him that its failurewould be a severe blow to American prosperity. It wasimperative that a very large loan be consummated, and itwas the duty of every one interested in American commerceand labor to work for its accomplishment, said a re
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Keywords: ., boo, bookcentury1900, bookdecade1910, booksubjectworldwar19141918