3523 THE TWENTIETH CENTURY-THE GREAT WAR.
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