"It will be remembered that Germany made numerous contracts for delivery of goods in South America this Fall. British exporters are reported as somewhat amused over the German failure to fill orders. Germany has made deliveries . . . with American goods. Germans have for years been the distributing agents for a number of American producers. They simply made their American orders large enough to cover the German contracts. Additionally, it appears that the penalties incurred were largely in name only. The damages are paid in marks, and in marks that are only good for purchases inside Germany. So, they are merely book credits the value of which is extremely problematic." ( Whaley-Eaton Service, Oct. 29, 1940)
Lionel Portman in "Three Asses in Bolivia" ( Houghton Mifflin, 1922) tells of a trip with two English mining engineers to Bolivia, of the wealth of metals, tin, silver, gold, lead, wolfram, antimony and bismuth. Since the days of the Incas, fabulous wealth has come from these veins and is still coming. "The huge mines now existing are but a fraction of what might exist. Only capital and spirit are needed to multiply them. The pity is that this capital and this spirit come as a rule from America and Chile rather than from England. Very little has ever been done by our people to acquire and develop Bolivian mining property, and still less in proportion is being done today. Ignorance of the country and lack of confidence in it are the rule rather than the exception with us; and by degrees all the wealth that might be ours is slipping away to people of other races."
Newspaper headlines have promoted the belief that it was all over, that the conscription bill had "passed" (Boston Herald), perhaps mean-