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 had been reported to him other property of approximate value of $500,000 held by it for and in behalf of Germany.

In a statement accredited to him, Mr. Palmer again bared the efforts of that malodorous quartet, Count von Bernstorff, Dr. Albert, Dr. Dernburg and Captain von Papen. It was the obvious intent of these to use the Bridgeport Projectile Company to prevent the manufacture and shipment of arms and ammunition to the Allies. The taking over of the stock of the Bridgeport Projectile Company, and the report by the company of the property owned by the German government, with the disclosures incident thereto, followed many months of persistent investigation.

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