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Updated: June 11, 2025


The German steamer KRONPRINZESSIN CECILIE, bound for Bremen, had sailed from New York before the outbreak of the war, carrying about 1,200 passengers and a precious freight of gold, valued at $10,700,000. The value of the vessel herself added $5,000,000 to this sum. What had become of her and her tempting cargo was for a time unknown.

By the German steamer, the "Crown Princess Cecilie," it happened that an interesting collection of German Paintings, after being exhibited in the Carnegie Institute of Pittsburgh, was started on the way to Germany; but the war caused the ship to return to an American port. After a good deal of negotiating the canvases were secured for the Exposition and taken off the ship.

Even the romantic voyage of the Kronprinzessin Cecilie with her cargo of gold, seeking to elude the roving British cruisers, seemed merely theatrical. It was a tremendous show and we were the spectators. Only the closing of the Stock Exchange lent an air of reality to the crisis.

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