Every vessel disobeying the order will be torpedoed without warning.

In this manner it is hoped to bring England to reason within four months, and it must here be added that Admiral von Holtzendorff _expressis verbis_ guaranteed the results.
As regards the attitude to be taken by the neutrals, leading German circles, although aware of the danger, hold optimistic views.

It is not thought that either the Scandinavian countries or Holland will interfere with us, although, in view of the possibility of such happening, military precautions have been taken.

The measures taken on the Dutch and Danish frontiers will, in the opinion of the Germans, hold those countries in check, and the possibility of sharing the fate of Roumania will frighten them.

Indeed, it is expected that there will be a complete stoppage of all neutral shipping, which in the matter of supplies for England amounts to 39 per cent.