"It would lead me too far to give even an approximately complete picture of this discussion with which the whole Press is occupied. But one point demands closer examination: the attitude of the leading papers to the German readiness for peace, publicly expressed by Your Excellency on three different occasions in the last few weeks.

"Your Excellency's great speech before the Budget Committee of the Reichstag unfortunately reached here at a time when the whole interest of the Press and public was directed to the at first uncertain result of the presidential election. Though generally printed, in the evening papers for the most part only in extracts, it was practically passed over in the editorial columns. An attempt to start a belated Press discussion of the speech by circulating it in the form of specially printed brochures, or at least to induce those papers which had only given extracts to publish the whole text, unfortunately failed; only the _Current History_, a special war magazine of the _New York Times_, felt itself called upon to reprint the speech _in extenso_ in its December number. On the other hand, the passage of the speech which stated our readiness after this war to take a part in international organizations for insuring peace was widely circulated here, and attracted corresponding attention. As I, according to instructions, communicated this passage to the 'League to Enforce Peace' as the official German message for their banquet held here on the 24th inst., it was circulated throughout the country in the detailed Press reports on this association, which is greatly respected here, and commented on by many newspapers with all the more sympathy since Germany's sceptical reserve hitherto towards the question of a peaceful settlement of international differences has always worked strongly against us here.

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"The interview granted by Your Excellency to the American journalist Hale has been printed particularly fully by the ten Hearst newspapers, and further by all the other subscribers to the International News Service. In the _New York American_ on Thanksgiving Day it occupied, together with a portrait of Your Excellency, the whole front page. At special request from many quarters the paper repeated the report three days later.

My Three Years in America — Part 219