THE WAR AND THE CENTRAL POWERS

North Otago Times, Volume CII, Issue 13462, 5 January 1916, Page 5

THE WAR AND THE CENTRAL POWERS

GERMANY TOITEMNd ECONOMICALLY.

AMERICAN EXPERT' OPINION, MUST BE BEATEN THIS YEAR/ LONDON, January 2. Tlio Daily Telegraph's cnnospniuUMil nl Now Vorlt says (he [iipms is unnnimniis in pi'PilicliiiK tlmt (Ici'iiiaiiy --is iicurcr to defeat tlian f!roat Hritaia imagines, American sources of information from the Central Umpires prove that tlie reserves of food and men in (icrmany are almost, ended; when they an* exlmiiKti'd she must collapse. [Willi street is confident that Hie. war wil| liu ended in HHll. Bankers in eonslant touch with the European capitals are most optimistic. They • declare emphatically .that the fiermniis are «!•: ready iieaten, despite their militni'y successes, All proniliient American linanciers sav that cniiimerclally nivl economically Germany is totteriiiß, and this Is ,rcflectPii jii) Hie extraordinary depredation of the currency; ,Tlip necessities of life'in Austria-Germany

llllVM advaili'i'd 711 jtrr rrlit.j :thj iirr »li)t:'l'isili;r ;i|;innili;.;l\, fir I I jiif Ihni'ilii'ii in America aro Ijiiiily con viiiced tlmt. when lliu taxpayer is-realty hungry the war must enllaps)^ THE KAISER'H IIHALTH, lIA'NIIKII OF TiLOOn-fOISO^'INf!. LONDO.V,, January L\ >• Tin,' Kaiser contracted 011 the Russian front, a number of virulent, carbuncles, and tho danger of blood-poisoning lias not, been removed, lie is bed-ridjleii, Ills Hi mat; is inllamcd, and lie is suffering from general physical depression, New Year demonstrations at I lie paliive Were, forbidden.

THE GERMAN MAItIO ' • FURTHER DECLINE IN VALUE. LONDON, January 'J. Tho Times correspondent at Amsterdam states that the value of tho dorman mark has again declined, and is iiow about !i(l per cent, below pur, Austrian money lias depreciated by 10 per cent, ' TIIE KAISER'S MESSAGE. MORI) SUBDUED IN'tONK, AMSTERDAM, January 2, 'The Kaiser, repyling la tho Ifeieiistag's greeting, said:— ' "I and tho entire Gcimaii people - liopo to Hod that the new yenr will » bring linal victory In onr jiist cause, and a new guaranteed' basis of the ■ Fatherland's beneficial 1 .development in peaceful competitidn willi other .nations," '