TREMENDOUS INTEREST IN AMERICA.

Wanganui Chronicle, Volume LXVI, Issue 17394, 3 October 1918, Page 2

TREMENDOUS INTEREST IN AMERICA.

PEACE BROUGHT MEASURABLY

NEARER

GERMANY'S MILITARY DOOM

SOUNDED

NEW YORK. Oct. 1

There .is tremendous interest in the Bulgarian situation. Enthusiastic crowds rapidly bought up the special editions of the evening newspapers, r.nd the newo was reflected in Wall St.. w:iere there is an upward movement cf stocks, industrials. Th^ general opinion was that the news brought peace measurably nearer.

The "Times'" Washington correspondent says that M. Pnnnretoff, intervievfd, t=nid that the Bulgarian jhjopio have confidence in a just clc?ei>.ion

by the United States and 'the a.s<ocint_ yd Governments. Tiie correspond:mt ttdcl s that American and Allied officials regard the capitulation of Bulgaria as tiie most important international development in the war since the collapse of Russia and tbo elimination of Bunmania. Military officials think that Bulgaria's acceptance of the Allied terms will produce far-reaching effects on the military situation in the Near East.

Tlie ''Times" s-ays editorially: "Tt j matters not il' King Ferdinand" ha^ se- ! cretly pledged his loyalty to the Cen- j trai Powers. His people" have decided that Bulgaria has had enough of tho v.ar. Regarding King Ferdinand s ; fidelity to princjp'e, lie is notoriously r. j false -hearted dissembler and trickster. I He will bear watching., hut in the pre- j *ent temper of the people he is im- j potent to betray them again. With ; Turkey out of the war—which seems I only a question of days—tlie Sea of I Marmora will be open "to the fleets of j the Western Allies, thus enabling the arming of Roumank. against the Bolsheviks. It is obvious fhat Germany's military power is crumbling. Germany now knows what it is to have the whole civilised world in battle array against I her. Germany's doom as an insatiate military Power has been sounded, and her policy of dominating the world is i collapsing like a house of cards. j