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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Dec 12, 1916
Page
1
Berlin reports Germany seeks a peace plan returning lands to prewar status with independent Poland and Lithuania, Bulgarian territorial gains and partial restorations for Belgium Serbia and Romania. The plan aims to pause fighting, expose Allied aims, and show Germany not pursuing conquest.
Germany and its allies propose peace terms via neutral diplomats in Berlin. The plan seeks to restore prewar borders with Poland and Lithuania as independent kingdoms and leaves Balkans boundaries open. Berlin also informs neutral powers and the Pope of a possible peace basis. The Reichstag speech by Chancellor von Bethmann Hollweg frames the move as a bid for lasting peace for Germany.
Berlin reports Germany and its allies have asked the United States Spain and Switzerland to present peace proposals to the enemy governments. Chancellor von Bethmann-Hollweg told the Reichstag the war continues with strength and that Germany seeks lasting peace while defending its existence and future. Britain and the United States discuss disarmament and peace terms, with Lloyd George to speak to Parliament next Tuesday.
New York money figures show fall of 412 percent with prime mercantile at 4 percent and bar silver. London quotes 63 and New York 76 cents.
Washington officials believe Germany cannot offer terms the Allies will accept now. The United States intends to use its moral influence and watch Teuton proposals for signs of paving the way to peace, while seeing Germany’s move as groundwork for potential settlement.
State Department officials outlined possible US handling of Germany’s peace proposals. If Berlin wants the United States to act as courier only, the proposals would be transmitted with no comment. If Germany seeks US and other neutrals to press its terms, the administration would study the plan before acting. Secretary Lansing refused to comment.
Wall Street reacted to Chancellor von Bethmann Hollweg's peace proposal with a sharp stock slide Tuesday. Prices fell two to five points before a stampede abated as traders doubted near term peace. Anglo French bonds slid while British and Irish five percents rose marginally on the news.
Berlin reports Chancellor Bethmann Hollweg pledged Germany and its allies will press the war to a victorious end if peacemaking fails. He claimed unshaken lines and recent advances, condemning Allied aggression and urging unity as the Reichstag prepares for further sessions.
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