"On the very day indicated to me by Helfferich the Austrian ultimatum to Serbia appeared. At this time I was again in Berlin, and I told Helfferich that I regarded the tone and contents of the ultimatum as simply monstrous. Dr. Helfferich, however, said that the note only had that ring in the German translation. He had seen the ultimatum in French, and in French it really could not be regarded as overdone. On this occasion Helfferich also said to me that the Kaiser had gone on his northern cruise only as a 'blind'; he had not arranged the cruise on the usual extensive scale, but was remaining close at hand and keeping in constant touch. Now one must simply wait and see what would happen. The Austrians, who, of course, did not expect the ultimatum to be accepted, were really acting rapidly before the other powers could find time to interfere. The Deutsche Bank had already made its arrangements, so as to be prepared for all eventualities. For example, it was no longer paying out the gold which came in. That could easily be done without attracting notice, and the amount day by day reached considerable sums. "Immediately after the Vienna ultimatum to Serbia the German Government issued declarations to the effect that Austria-Hungary had acted all alone, without Germany's previous knowledge. When one attempted to reconcile these declarations with the events mentioned above, the only possible explanation was that the Kaiser had tied himself down without inviting the co-operation of his Government, and that, in the conversations with the Austrians, the Germans took care not to agree upon the text of the ultimatum. For I have already shown that the contents of the ultimatum were pretty accurately known in Germany. "Herr Krupp von Böhlen, with whom I spoke about these German declarations--which, at any rate in their effect, were lies--was also by no means edified. For, as he said, Germany ought not, in such a tremendous affair, to have given a blank check to a State like Austria; and it was the duty of the leading statesmen to demand, both of the Kaiser and of our allies, that the Austrian claims and the ultimatum to Serbia should be discussed in minute detail and definitely decided upon, and also that we should decide upon the precise program of our further proceedings. He said that, whatever point of view one took, we ought not to give ourselves into the hands of the Austrians and expose ourselves to eventualities which had not been reckoned out in advance. One ought to have connected appropriate conditions with our obligations. In short, Herr von Böhlen regarded the German denial of previous knowledge, if there was any trace of truth in it, as an offense against the elementary principles of diplomacy; and he told me that he intended to speak in this sense to Herr von Jagow, then Foreign Secretary, who was a special friend of his. GERMAN GOVERNMENT BLAMED