The communications, both public and private, took the form of a modest circular dated from the offices of the International Electrical Power and Storage Trust, Buffalo, N.Y. Those which were addressed to the crowned heads of Europe were accompanied by autograph letters respectfully requesting the personal attention of the monarch to the contents of the circular. The circular ran as follows:-- The Secretary of the International Electrical Power and Storage Trust is directed by his Board of Managers to inform the ruling sovereigns and peoples of Europe of the following facts, and to request their most serious attention to the same:-- _A._ The Directors of the Trust view with great concern the formidable military and naval preparations which have lately been made by the Powers of Europe. In their opinion, these preparations point to a near outbreak of hostilities on such an immense scale that not only must a vast expenditure of blood and money be inevitable, but the commerce of the world will be most injuriously affected. _B._ This Trust is a business concern. Its Directors have no international sympathies whatever, and they don't want war. At the same time, if the Powers of Europe are determined to fight, the Trust will permit them to do so on payment of a capitation fee of the equivalent in the money of each respective country of one dollar per head of effective fighting men in the field per week--fees to be paid into the Bank of England within seven days after the commencement of hostilities. A liberal allowance will be made for killed and wounded if official returns are promptly sent to the London office of the Trust, 56_b_ Old Broad Street, London, E.C. _C._ Prompt attention to the foregoing paragraphs is earnestly requested for the following reasons:--(1) The Trust has acquired control of the electrical forces of the Northern Hemisphere, and is, therefore, in a position to make all the operations of civilised life, including warfare, possible or impossible, as its commercial arrangements may demand. (2) One week from the date above will be given for the Powers of Europe to settle their differences without fighting or to accede to the terms offered by the Trust. Failing this, the Northern Hemisphere, with certain exceptions, will be deprived of its electrical force. The consequences of this will be that cables and telegraphs will cease to work, and all machinery constructed of iron or steel will break down if operated. Railroads will become useless, and bridges of metallic construction will collapse as soon as any considerable weight is placed upon them.