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Updated: May 29, 2025
Damn the neutrals! Win the war! Our task is to win. If we win we will have the neutrals with us; if we lose we lose." "Falkenhayn, when you are versed in foreign affairs I'll ask you to speak," interrupted the Kaiser. "Proceed, Dr. Helfferich." Gentleman that he is, von Falkenhayn accepted the Imperial rebuke, but not long afterward his resignation was submitted.
There were literary lights like Ludwig Fulda, Captain Persius, Professor Hans Delbruck, Dr. Paasche, Vice-President of the Reichstag, and many others equally celebrated as the ones that I have named. Speeches were made by Mr. Wolf, President of the American Association of Commerce and Trade, Helfferich, Zimmermann, von Gwinner and me. A tone of the greatest friendliness prevailed.
In the early summer of 1917 the possibility of an understanding seemed to show itself on the horizon, but it was wrecked by the previously mentioned events. At this time I did not know that my secret report to the Emperor was handed over to Herr Erzberger and not kept secret by him. The disclosures made by Count Wedel and Helfferich concerning Erzberger are only a link in the chain.
Helfferich, Minister of Colonies Solf, German bankers and business men as well as German shippers were not consulted. Germany was becoming so desperate that she was willing to defy not only her enemies and neutral countries but her own financiers and business men.
His Majesty, at this time, was inclined towards peace with America and was very much impressed by the arguments which the Chancellor and Dr. Helfferich presented. But, at this meeting, while Helfferich was talking and pointing to the moral effect which the ruthless torpedoing of ships was having upon neutral countries, von Falkenhayn interrupted with the succinct statement: "Neutrals?
When we make a law, that law is repealed by the Administration. That is the whole point, but Herr Helfferich does not see it, and he does not see that we live in a Police State and under a police system. Did it ever occur to anybody in England to dispute the right of immunity of members of parliament?
Franz Mehring that it is better that he should be under detention than that he should be at large and do something for which he would have to be punished. According to this reasoning the best thing would be to lock up everybody and keep them from breaking the law. The ideal of Dr. Helfferich seems to be the German National Prison of which Heine spoke.
Herr Helfferich went on to argue that repression in Germany is really much milder than in France, England, or Italy; and for the debate on the censorship, which followed the debate on preventive arrest, he came armed with an account of the Defence of the Realm Acts.
The war will be over before she can organise after the manner of Great Britain. Herr Helfferich exerted powerful influence in the meeting at Great Headquarters at the time of the Sussex Crisis. But our duty to ourselves is to win the war. If we starve out England we win, no matter how many enemies we have. If we fail, another enemy, even the United States, would not make our defeat more thorough.
The Secretary of State, Helfferich, at a meeting of the Head Committee of the Reichstag on the 28th ult., gave a detailed account of the effects of the U-boat warfare on England. The review was published in the Norddeutsche Allgemeine Zeitung of the 1st inst. I beg herewith to refer to the enclosed.
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