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<p>[Page 27]</p><p>It will now be a war to the bitter end. Either we win or we perish! Shortly after L. George came to power, the German government made attempts, via Washington, to start peace talks. It seems we are not prepared to make a concrete offer, probably because the various parties in Germany have too many divergent ideas, but would rather wait until a [peace] conference actually gets under way. Hopefully it works, although I doubt that Lloyd George wants to begin his dictatorship with peace talks, otherwise he wouldn’t have found it necessary to practically denounce Asquith and Grey as traitors and to topple them.</p><p>In America, apparently, the mood oscillates between pro-England and pro-Germany. Business with the Allies, in particular with England, has been thriving, and all the American securities that the British held, as well as those of other American and neutral states, gradually made their way to New York as collateral for loans and supplies.</p>