We only can save them....
The submarines are steadily winning the war.

Pershing and his army have bucked up the French for the moment.

But for his coming there was more or less danger of a revolution in Paris and of serious defection in the army.

Everybody here fears that the French will fail before another winter of the trenches.

Yet--the Germans must be still worse off." The matter that was chiefly pressing at the time of the Balfour visit was the fact that the British balances in the New York banks were in a serious condition.