It was planned to have this corporation buy up all the available supplies of powder, antimony, hydraulic presses, and other supplies and materials essential to the manufacture of munitions. The plan also involved the negotiation of contracts with the allied Governments to supply them with materials of war, apparently in good faith but in reality with no intention of fulfilling them. The ultimate expenditure of approximately $10,000,000 for this purpose was contemplated. In a cable from London printed in the American press on the morning of January 15, 1919, a statement was given from a German newspaper quoting Dr. Dernburg, the German propagandist who was expelled from America some years ago. Now Dr. Dernburg comes out in the Vienna _Neue Freie Presse_ and states that Germany is depending upon “a certain drawing together of Germany and the United States.” He believes that nothing should be done which will “give foundation for a lasting alienation of the two peoples.” He finds the Allies in victory somewhat difficult in their terms, so that Germans turn their eyes and expectations toward America, “and feel sure that their expectations will not come to grief.” He goes on to say that Germany needs raw materials for the revival of her industries, needs credit, and also a market. He looks to America for all these, and says: “A fear of German competition does not exist in America in the same degree as in France and England. The hatred against the German people does not exist since the dynasty has been overthrown, and it is quite possible that America will transfer English and French debts to Germany in order to give her money, for America seeks not destruction but justice. Our two countries will be brought together, and as rivalry is out of the question, this coöperation will take a more tolerable form than in the case of our neighbors.” He goes on to say: “A careful economic policy, I think, will secure Germans sympathy, thereby providing economic help for our German industries, now in collapse, and possibly awaken stirring echoes in two million Americans of German origin.... America will have other interests in Germany allied with her by interest and by service rendered to Germany; so taking all these points of view together, one may well consider that the earliest possible reconciliation between Germany and America will be good for the future of the world and will be welcomed by the German people.” The human mind with difficulty can conceive of anything indicative of more brazen effrontery than the foregoing. That is the statement to-day of one of the arch-traitors planted in this country by Germany. No doubt, it may awaken a “stirring echo” at least in the hearts of the quarter million of German spies who worked with Dernburg here.