Prices low, no war feeling, a steady traffic. Only rarely the rattle of an armoured motor through the street; for nearly all military movements are made at night. Except for the universal error of the withholding of news, the control of the population is admirable in its restraint. We have no "nerves" here yet. Antwerp, Saturday. The Germans have been forced to keep a retaining army in front of the Belgian lines at Malines. How big this is, it is impossible at present to say. It seems to be no more than a retaining force, protecting communications. On the other hand, the Belgians have half of their army intact, some 60,000, fresh and in good heart; with the remainder of the troops from Liége, Louvain, and Namur, now reconstituted and keen to keep up their splendid record. It will take an army of 150,000 to invest Antwerp, with its double line of forts. There is a vague rumour that a secondary and larger force is advancing directly upon Antwerp from the east, independent of the force already facing Malines on the south, and that the big siege guns are being brought up. The eventuality must be contemplated. The Landsturm (reserve army) is already at Liége. The Germans have the reserves to spare, and it would be consistent with their plan to follow their swift-moving columns at the front with a second supporting army, to occupy the conquered territory, already almost evacuated by the advanced troops, and invest Antwerp. If the troops can be spared from Prussia and France, the effort will be made. But not, I think, until the blow at France has failed. The importance of Antwerp, as the final seat of the Belgian Government and the last base from which the army can operate, cannot be overrated. With Antwerp lost, the army, and all the possibilities of its position upon the German flank, threatening the communications, would be baseless; and must be forced to surrender, or to cut its way through to Ostend. Germany will mask Antwerp for the present. And later on a siege of Antwerp may not be calculated in terms of Liége. There the Germans attacked with infantry and light field-guns. They have now brought up their heavy siege guns. The rapid fall of the forts of Namur is the measure of the difference. The outer line of Antwerp forts are one and a half miles apart, alternating fort and redoubt. The silencing of one fort by the heavy guns would leave a gap of three miles, through which troops could be poured. The Belgian Field Army would have to hold the gap or gaps; behind them the second line of forts would repeat the resistance, in their turn, under increased difficulties. It might cost a number of lives, but of these the Germans are careless. A big army with siege guns could manage it, and not take unduly long.