The weekly journal "Economist" emphasizes the failure of German attempts to break the blockade, and declares that German air and submarine attacks on British naval vessels and convoyed merchantmen so far have had no effect. "Now Germany's third weapon is at work—fast armed raiders. In Europe, a parallel trade offensive to clamp neutrals into the German bloc is. going.on. Neither facet of the Reich's economic warfare reflects much success. The captured American steamer City of Flint had to be taken to a Russian port because all approaches to Germany were barred. Wishing for hegemany of European trade can neither knock out Britain nor fill up the gaps in Germany's supplies, nor, indeed, do neutrals want it."
The "Economist" recalls that Field Marshal Goering's own journal has forecast a war "raining down on the British Isles" and says: "The war we expected may indeed be coming. Nothing, however, can alter the fact that the Reich has had only small successes so far.
"For the Allies all has gone well and according to plan. The Contraband Control, rooting out of U-boats, mobilization of two armies on the Western Front, the loyalty of Turkey and Germany's continued lack of allies—all these, when set beside the formal promise of vast aid from the Empire symbolized by the meeting of Dominion Ministers in London this week," the journal concludes, " amply justify the confidence of speeches broadcast in the past few days by Dr. Leslie Here-Belisha, War Secretary, and Mr. Anthony Eden, Secretary of State for the Dominions.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.