For two years the Central Powers have hesitated. Not until then, and after long and mature consideration for and against, did they proceed to answer in like measure and close with their adversaries at sea. As the only belligerents who had done everything to secure the observance of the agreement which should provide for freedom of the seas to neutrals, it was sorely against their wishes to bow to the need of the moment and attack that freedom; but they took that step in order to fulfil their urgent duty to their peoples and with the conviction that the step in question must lead towards the freedom of the seas in the end. The declarations made by the Central Powers on the last day of January of this year are only apparently directed against the rights of neutrals; as a matter of fact, they are working toward the restitution of those rights which the enemy has constantly infringed and would, if victorious, annihilate for ever. The submarines, then, which circle round England's shores, announce to all peoples using and needing the sea--and who does not need it?--that the day is not far off when the flags of all nations shall wave over the seas in newly acquired freedom. It may doubtless be hoped that this announcement will find echo wherever neutral peoples live, and that it will be understood in particular by the great people of the United States of America, whose most famous representative has in the course of the war spoken up with ardent words for the freedom of the seas as the highway of all nations. If the people and the government of the Union will bear in mind that the "blockade" established by Great Britain is intended not only to force the Central Powers to submission by starvation but ultimately to secure undisputed mastery of the sea for itself, and thereby ensure its supremacy over all other nations, while on the other hand the blockading of England and its Allies only serves to render possible _a peace with honour_ for these Powers and to guarantee to all peoples the freedom of navigation and maritime trade, thus ensuring their safe existence, then the question as to which of the two belligerent parties has right on its side is already decided. Though the Central Powers are far from wishing to seek for further allies in their struggle, they nevertheless feel justified in claiming that neutrals should appreciate their endeavours to bring to life again the principles of international law and the equal rights of nations.