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The author not only gives an account of the conference held at the Waldorf-Astoria between Ambassador von Holleben, Professors Munsterberg of Harvard and Schoenfield of Columbia and himself, on the one side, and Herman Ridder on the other, but he gives the instructions from Berlin that Herr Ridder could only keep his subsidy from the German Government for the New Yorker Staats Zeitung by placing his fealty to Germany first and subordinating his Americanism, and that otherwise Ambassador von Holleben would found a rival German paper that would have back of it "unlimited resources, to wit: the total resources of the German Empire."
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