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the British were willing to let go through.

Germany refused to permit this, partly

because she thought some of the dyestuff

might be re-exported to Great Britain,

partly because she wished by starving

American industry to produce a demand

for the removal of the blockade.

The actual effects of the blockade upon

Teutonic industry cannot be accurately

described. No exact figures of exports

and imports can be obtained which can

be compared with figures for periods before

the war. The Germans and Austrians

endeavored to minimize its effect, and

roseate descriptions were sent out to the

world which led the gullible to believe

that Germany and Austria-Hungary prospered as never before in their history.

Such statements were, of course, designed

to mislead, and it required but little knowledge of economics for an observer to realize

that industry in the Central Powers could

be not otherwise than in a most abnormal

and unhealthy state; that multitudes of

people had already been bankrupted;

that both nations were on the high road

to economic ruin. Not only were many

raw materials excluded, but the foreign

trade of the two nations was reduced to

petty exchanges with a few small neutral

neighbors and to trade with each other.

The opening of a road to Turkey in the

fall of 1915 was hailed not only as a military triumph but as providing new markets. Undoubtedly Turkey was able to

supply the Central Powers with some articles of which they were badly in need and

took some articles in exchange, but Turkey,

impoverished by war, was a sorry substitute for the great world that lay without

the Allied lines on land and sea. It is

safe to say that each day that went by

the Central Powers and their allies lost

in the way of foreign trade more than