Attorney-General Merton Lewis of New York State conducted an investigation which revealed every step of Bolo's operations in New York. His search of the records of the banks involved indicated that a fund of some $50,000,000 in cash and negotiable securities lay on deposit in America which the Deutsches Bank could place at the disposal of von Bernstorff and his fellow conspirators at any time for any purpose, and which was adequate as a reserve for any enterprise which might present itself. The evidence against Bolo was forwarded to Paris, and he was arrested. On October 4, 1917, Secretary Lansing made public the correspondence which the State Department had intercepted. The French public became hysterically interested in the case. Senator Humbert promptly refunded the 5,500,000 francs which he had received from Bolo for 1,600 shares in _Le Journal_. Almereyda of the _Bonnet Rouge_ committed suicide in prison; his death dragged Malvy, Minister of the Interior under Ribot, out of office under suspicion of trading with the enemy; the editor of a Paris financial paper was imprisoned on the same charge; "Boloism" became a generic term, and the French government, feeling a growing restlessness on the part of the public, encouraged the new diversion of spy-hunting which resulted in the exposure of negotiations between Caillaux and German representatives in Buenos Aires. Russia had been dissolved by similar German propaganda, Italy, after vigorous advances into Italia Irridenta, had had her military resistance sapped by another such campaign as Bolo proposed for France, and had retreated to the Po valley; the sum total of "Boloism" during the autumn and winter of 1917-1918 was an increased conviction on the part of the Allied peoples that the line must be held more firmly than ever, while the rear was combed for prominent traitors. Thus, a year before she entered war, the United States supplied the scene of one of the outstanding intrigues of the war. How voluble was Adolph Pavenstedt in confessing his services as intermediary for the Kaiser; Pavenstedt was interned in an American prison camp ... a rather comfortable camp. Hugo Schmidt, who on his own testimony was the accredited manipulator of enormous sums for the German government, was ingenuous to a degree in his denial of any knowledge of what the money paid Bolo was to be used for; Schmidt was interned. Bolo was shot.