Several official British statements have tried to explain the success of the German War loan by compulsory subscriptions of p quarter of the deposits of all German saving banks. This hus been proved to be both a stupidity and a lie by the fact that the amount of the de posits in all German saving banks is twenty milliards of marks, while the saving banks have subscribed only 884 million marks towards the loan.
The British official statement concerning the weakness of Germany's and An economic and financial situation is a wild chimera of the author. The allegation that Swiss contractors have been paid with bonds of the German war loan is a long refuted swindle, The Austrian Crown has never been 25 per cent. below par and is now only 4} per cent. below par.
German military authorities characterize as fabrications most of the statements circulated both in Germany and abroad regarding the German 42 centimetre mortars. The tests were started six years ago, and German artillorymen have been trained in using them for several years. The preservation of the pecrat wae remarkable.
The newspapers' special correspondents at the Servien front re-
Text read from the printed page and cleaned; old type leaves the occasional error.