AT HALF-PRICE.

Free Lance, Volume XVII, Issue 915, 25 January 1918, Page 6

AT HALF-PRICE.

And Even Then Not Wanted

"\"STTERE any further proof required * * of the utterly rotten state of Germany's finance it would be afforded by Herr Dernburg's frank admission that German credit abroad is down and out. Dernburg knows what he is talking about, for he is one of the highest authorities on banking and commerce. And what did he tell his countrymen the other week? That German boras could be bought in neutral countries "at half their face value." If German credit were really sound "neutral buyers could double their money by selling them after the war." But the bonds are unsaleable outside Germany. No one wants them, not even at half-price.

If this be not a strong proof that the neutrals believe that the Hun is doomed to defeat, we do not know what is. And defeat will spell national bankruptcy. To such a pass will Hohenzollern ambition and the mad Chauvinism of the Pan Germans and Junkers have brought a once prosperous country.