The only question seems to be to hold the Allies together, and they seem to be doing that.

In fact, the battle of Verdun has cemented them.

They now have visible proof that the German Army is on the wane.

And they have trustworthy evidence that the blockade is telling severely on the Germans.
Nobody, I think, expects to thrash 'em to a frazzle; but the almost universal opinion here is that the hold of militarism will be shaken loose.

And the German High Canal Navy--what's to become of that?
Von Tirpitz is down and out, but there are thousands of Germans, I hear, who complain of their naval inactivity.