The news of Mr. Billings’s approach spread with great rapidity all over the Turkish capital; the fact that he was coming in his own private yacht seemed to magnify the importance and the glamour of the event. That a great American millionaire was prepared to reinforce the depleted Turkish Treasury and that this support was merely the preliminary step in the reorganization of Turkish finances by American capitalists, produced a tremendous flutter in the foreign embassies. So rapidly did the information spread, indeed, that I rather suspected that the Turkish Cabinet had taken no particular pains to keep it secret. This suspicion was strengthened by a visit which I received from the Chief Rabbi Nahoum, who informed me that he had come at the request of Talaat. “There is a rumour,” said the Chief Rabbi, “that Americans are about to make a loan to Turkey. Talaat would be greatly pleased if you would not contradict it.” Wangenheim displayed an almost hysterical interest: the idea of America coming to the financial assistance of Turkey did not fall in with his plans at all, for in his eyes Turkey’s poverty was chiefly valuable as a means of forcing the empire into Germany’s hands. One day I showed Wangenheim a book containing etchings of Mr. Billings’s homes, pictures, and horses; he showed a great interest, not only in the horses--Wangenheim was something of a horseman himself--but in this tangible evidence of great wealth. For the next few days several ambassadors and ministers filed into my office, each solemnly asking for a glimpse at this book! As the time approached for Mr. Billings’s arrival, Talaat began making elaborate plans for his entertainment; he consulted me as to whom we should invite to the proposed dinners, lunches, and receptions. As usual Wangenheim got in ahead of the rest. He could not come to the dinner which we had planned and asked me to have him for lunch, and in this way he met Mr. Billings several hours before the other diplomats. Mr. Billings frankly told him that he was interested in Turkey and that it was not unlikely that he would make the loan.