It was four o’clock in the morning before I located General Wood at the plaza of the Queensborough Bridge, where he was overseeing the placing of some artillery pieces. He was too busy to talk to me, but from one of his aides I learned that the soldiers at the Madison Square Garden were not German-Americans and were not von Hindenburg’s men, but were part of that invisible army of German spies that invariably precedes the invading forces of the Kaiser. Arriving a few hundred at a time for a period of more than three years, 50,000 of these German spies, fully armed and equipped, now held New York at their mercy. More than that, they had in their actual physical possession the men who owned half the wealth of the nation. That New York would capitulate was a foregone conclusion. After cabling this news, I went back to my hotel, the old Brevoort, for a snatch of sleep; and at half-past eight I was out in the streets again. The first thing that caught my eye was a black-lettered proclamation--posted by German spies, no doubt--over Henri’s barber shop, and signed by General von Hindenburg, announcing the capitulation of New York City. The inhabitants were informed that they had nothing to fear. Their lives and property would be protected, and they would find the Germans just and generous in all their dealings. Food and supplies would be paid for at the market price, and citizens would be recompensed for all services rendered. The activities of New York would go on as usual, and there would be no immediate occupation of Manhattan Island by German troops. All orders from the conquering army in Brooklyn must be implicitly obeyed, under penalty of bombardment. I could scarcely believe my eyes. New York City had capitulated! I asked a man beside me--an agitated citizen in an orange tie--whether this could be true. He said it was--all the morning papers confirmed it. The immense pressure from Wall Street upon Washington, owing to the hold-up of multimillionaires, had resulted in orders from the President that the city surrender and that General Wood’s forces withdraw to New Jersey. “What about John D. Rockefeller and Andrew Carnegie and J. P. Morgan and the other hostages?” I asked. “The _Sun_ says they have been taken over to Brooklyn where the German army is, and they’ve got to raise a billion dollars in gold.” “A billion dollars in gold!” “Sure; as an indemnity for New York City. You’ll notice we could have bought a few defences for that billion,” sniffed the angry citizen.