And then, the United States has provided two of the greatest anti-Axis sensations of the war, both of far-reaching consequence. Firšt came the freezing or impounding of all Axis funds and credits; secondly, the closure of German Consulates, the tourist and railway bureaux and the offices of the Transocean New Agency. Considerable funds, hitherto used for the purchase of supplies in the United States and Latin America, for inter-Axis political purposes, for all manner of subversive activities, have now been immobilized ard put out of reach. It is a blow which will strike deep down into the heart of Axis manipulations and seriously affect the roundabout evasion of Britain's blockade measures, by way of the Pacific and Vladivostok.
The freezing order has angered Germany more perhaps than any other American action, because it is an extremely serious blow. Nazi reprisals in Germany and occupied Europe can have little if any effect upon America. But the Axis store-House of currency across the Atlan-tie has been locked up for the duration of the war. It is an event of first-class importance.
Text read from the printed page and cleaned; old type leaves the occasional error.