SPECTRE OF NEMESIS

Auckland Star, Volume XLVIII, Issue 7, 8 January 1917, Page 5

SPECTRE OF NEMESIS

BEFORE THE HUNS' EYES.

NO MORE BOMBAST.

WHAT DEFEAT WOTJXD MEAN TO GERMANY.

(Australian and N.Z. Cable Association.)

(Received 9.40 a.m.)

AMSTERDAM, January 7. Herr Ballin, ,head of the HamburgAmerica Shipping Line, in a speecli at Leipzig said he would despise the statesman who, because some German ships were interned in America, refrained from employing submarines as a weapon for the defeat of England. If Germany were victorious German shipping would occupy a mighty position in the world, whereas if Germany were defeated her shipping would be doomed to perish, whether or not she kept her ships lying in American porta.

(Received 10 a.m.) BEItXE, January 7. Dr. Schaeffen, a pronounced Pan-Ger-manist, writing in tlie '"Leipziger Deutscn Xaehrichten," admits that the Allies are capable of destroying the Germans by economical force. Already Germany's exports had ceased s , and threefourths of her manufactures had been stopped. It would require years to patch up the lost industries, and Germany's future would be crushed under the new taxes that "would be necessary. There was no question now of the enemy having to pay the cost of the war. Each side would have to pay its own expenses. England and Russia would do so easier, than Germany, which would succumb unless the war secured for her a large territory to ensure economical expansion.