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 intention of Germany simply to hold London's wealth as security.

That afternoon very few banks—except the German ones—escaped notice. Of course, there were a few small branches in the suburbs which remained unvisited, yet by six o'clock Von Kronhelm was in possession of enormous quantities of gold.

In one or two quarters there had been opposition on the part of the armed guards established by the banks at the first news of the invasion. But any such resistance had, of course, been futile, and the man who had dared to fire upon the German soldiers had in every case been shot down.

Thus, when darkness fell, Von Kronhelm, from the corner of his room in the War Office, was able to report to his Imperial Master that not only had he occupied London, but that, receiving no reply to his demand for indemnity, he had sacked it and taken possession not only of the Bank of England, but of the cash deposits in most of the other banks in the metropolis.

That night the evening papers described the wild happenings of the afternoon, and London saw herself not only shattered but ruined.

The frightened populace across the river stood breathless.

What was now to happen?

Though London lay crushed and occupied by the enemy, though the Lord Mayor was a prisoner of war and the banks in the hands of the Germans, though the metropolis had been wrecked and more than half its inhabitants had fled southward and westward into the country, yet the enemy received no reply to their demand for an indemnity and the cession of British territory.