AFTER THE WAR.

Oamaru Mail, Volume XLI, Issue 12771, 14 February 1916, Page 5

AFTER THE WAR.

AUSTRIA'S INDUSTRIAL POSITION Zurich, February 32. Speaking at the Industrial Club at Vienna, on the outlook would be after the war, 31. Reidl, an officer in the .Ministry of Commerce said: The Austrian commercial situation for the - first six months after the war will bo extremely dangerous owing to the veritable famine in raw material. Only .two, countries, Great Britain and America will bo aUe to resume industrial, production immediately. Although: the ■Attstro-German aro intact, thoyiiack rawmaterials, and unless. Austria i»prcparodto prohibit impor cations, • Great' Britain '-and America might take all, the profits. The situation, M. Reidl Urged, required prompt organisation in industrial' interests. Peace might como sooner than they expected. It could edino overnight. * CERMAN LOAN IN AUSTRIA. Received February 14, at 8.-55 a.m. Copenbagei*, Februnrv 13. The Deutsche Bank, the Disconto Gessellschaft, and Blnehroeders bare made a loan to Austro-Hungary of 200,01)0,000 marks. THE SERVIAN PARLIAMENT. Received February 15, at 8.55 a.m. Paris, February 14. One hundred members of the Servian Parliament have arrived at Nice. PEACE TALK ACAIN. GERMAN DESIRE TO DIVIDE THE ALLIES. •NOT IMPOSSIBLE." London, Fehruaiy 11. The Exchange Telegraph's Ccpenliagcn correspondent states that from. Germany one hear; now only the strong cry <>f tiie people for peace. Zurich, February 11. Professor Carl Binding, ihe wel!"known Leipsig jurist, in ait article entitled!: 'Two Ways to Peace: By General Peace Congress, or Separate Treaties,", argues that the Central Powers must insist on a separate peace agree- - incut, as Dip Central Powers will be in « minority at a genera? congress, wlncn Great Britain- will laminate. She or all the enemy State.* can wait longest - for peace. Professor Binding believes that- when a separate ponce is on.ee successfully entered upon, one enemy after another trill acrcpt. when they can no longer hold out. Received February 13. at 5.10 p.m. Amsterdam. February 12. Baron von Zeidlitz. in a Bridget report speech in the Prussian Diet, I stated that in view of the whole war | situation the conclusion of peace in the I near future was :ir.t impossible, and the | announcement or the German aims api peared to be necessary. SUBMARINE WARFARE. Received February U, at 5.5 p.m. , 1 Amsterdam, February 12. A Vienna telegram states iliat. Austria haft issued a Note to neutral countries identical with the German Note concerning the treatment of armed merchantmen. Received February 14, at 8.15 a.m. London, February 13. The Evening News" Washington correspondent says the Austro-German Note has caused the greatest apprelicp- . sion in administrative circles. Mr Wilson knew the Note was imminent, for Colonel House toM Mr Wilson on the i 25tli of January of Germany's decision, henee Mr Wilson's remarks on the 27th: "We cannot tell what will be America's international relations tomorrow." Mr Wilson realised the im- I possibility of distinguishing between armed and unarmed shins on the seas, and was convinced that if another unarmed vessel was sunk diplomatic relations must cease and the severance would be followed, so Colonel House informed him. an immediate declaration of war by Germany. February 1-1, at 9.45 a.m. Amsterdam, February 3. A .semi-official message front Berlin ssats-s that the new memorandum concerning;. submarine warfare has been published, together, with Hcrr von. JJethmanii-Hollweg's declaration ex- ] expressing the feeling of the entire nation that he -could not allow Germany, to be humiliated or robbed of , her submarine weapon. 1 The -Budget committee of the Diet t publishes tiie following resolution } adopted on the 9th: The committc.-* { would consider it- injurious if tho<-Go- j vwiment's attitude towards America . restrict its freedom to revive at ■ an opportune moment, an unlimited, and thereby fnlly effeclive submarine | v.nr against England. ,

GERMANS SINK A MINESWEEPER. BOAST XAVAIi VICTORY. ■. __ »> Rvwiycd February 13, at- 5.5 p.m. London, November 12. T«w German Admiralty announces: — "Luring sn advanco onr torpedo-boats in.«! u.n thi» Dogg»r Kank several British cruiacrsj which fled. Our boats nrr*iu>d and sank the new orniser Ara-fci.-j, and hit a second cruiser with _ft trrpedo. Wn- rescued th» Ara bis' rcmmand'T, two other oißccrs, and 21 men." The British Admiralty announces that the "cruisers" mentioned are four pin- s'oepcrs, of which three returned sasely. ■.■•• Daily Chronicle's naval corrcspr.ncent. opines that the Arabis was an oii-driven cargo-boat similar to the St lanilria. There :* no need Tor surprise that hc*tile torpedo-boats appeared on tho Dogger Bank. They are probably kept si Zec!|rugi(c. which is only a night's jijurner away. Torpedo-boats an? small and speedy enough to slip through the inrehcs of our cordon on z invninl.lf- occasion.

FRENCH CRUISER LOST. Received February 14, at 11.20 a.m. London, February 13.. There lias boon no news of the 4000fois French cruiser Admiral CHnrner .since th<» Bth, when site was on the coast of Syria. The Germans claim to have submarine! a French warship on the Bth.

ZEPPELINS GERMANY'S LAST HOPE. Received February 13, at a.5 p.m. London, Fuli'nfary 12. The Munich Neuoste Naehrichten states that this year's Zeppelin fighting trill be directed above all against the British" maritime supremacy. The principal feature of 'the programme trill be a combined playing into one soother's hands of ihe Zeppelins and submarines, which are the.tramp.cards against the most important barrier points of England. '" ' * Received February 14, at 11.20 a.m. Berne, February. 13. The newspapers state that the Germans claim to finish a Zeppelin every week, whicli is tested at Lake Con. stance, and sometimes thero are two new airships cruising together. The motors, from the great motor factory at Maibacb. are tested for 48 hours "uninterruptedly. The gondolas " of the Zeppelins are now covered with armour and cany machine' guns, quickfifers, nd-a special" device for throwing aerial tor-, pedoes". The latest invention- is the creation of artificial clonds around the Zeppelin while flying by. releasing great ronxines of fumes, thus making; the craft almost invisible from the earth; The speed and. power of have' been greatly improved recently.