Christmas, 1917, was celebrated with the usual British merriment at G.H.Q., and on New Year's Day everybody's cheerful greeting was "That this year may see the end of the war." But I think there were few officers of standing who thought that a peace Christmas was possible in 1918. No one would contemplate the possibility of losing the war, of stopping on any terms short of a German surrender; but few could see any possibility of victory near ahead. There were thick clouds all round the horizon. Russia was finished. Italy was not cheerful. France was recovering but not yet showing sure signs of emergence from that fit of depression out of which M. Clemenceau was to pull her—the soul of a Richelieu in his frail body.

The worst symptom of all from the point of view of the British Army was the threat of a shortness of supplies. Just when the collapse of Russia had allowed the enemy to concentrate his full strength on the Western Front, the great reservoir of British wealth, which was the main financial resource of the Alliance, showed signs of not being inexhaustible. There was a call at the same time for greater preparation and greater economy. From the beginning of 1918 there were two great cross-currents of correspondence between G.H.Q. and the Home Government, one demanding new weapons, new defences, new equipment, the other demanding rigid economy in steel, in timber, in shipping space, in food, in oil, in expenditure generally. This was partly due to actual lack of money and of credit. But in the main it was the result of the submarine war.

It was at the end of 1915 that the German Admiralty prepared a memorandum arguing that if unrestricted submarine war were adopted as a policy (i.e., sinking everything, hostile or neutral, warship or passenger ship), then Great Britain would be compelled to sue for peace within six months. The memorandum gave various statistics regarding food supplies, tonnage, etc., to prove this hypothesis. The memorandum was forwarded to the Imperial Chancellor, and by him sent to Dr. Helfferich, Secretary of State for Finance, for a report. Dr. Helfferich reported adversely. He was not convinced that Great Britain would be brought to her knees. He feared the effect upon neutral nations of such a policy.

The German Admiralty persisted in its view. Thereupon the matter was submitted for report to ten experts representing finance, commerce, mining, and agriculture. These experts were asked to advise (1) as to the probable effect upon Great Britain (2) as to the probable effect upon Germany's relations with neutrals and (3) as to how far the situation in Germany demanded the employment of such a weapon.

All these experts agreed that the effect on Great Britain would be to force her to sue for peace within six months or less. Indeed, Herr Müller, President of the Dresden Bank, thought that Great Britain would collapse within three months. All the experts also agreed as to the third point of reference, arguing that Germany's position was so difficult that the most desperate measures were necessary to end the war. Herr Engelhardt, of Mannheim, Councillor of Commerce, thought the economic position of Germany so bad that a few weeks' delay might render even ruthless submarine war useless. On the second point, the effect on relations with neutrals, the experts were divided. Some thought that the United States would be driven to war, others thought not. In all cases they did not see a reason against ruthless submarine war in their possible relations with any neutral.

But the fateful decision was not taken until February, 1917, when the destruction of peaceful shipping, whether of enemy or of neutral countries, was ordered. It did not end the war in six months, nor in twelve months; but by the beginning of 1918 there were some very serious difficulties of supply just when the strictly military position demanded the most generous effort.

I wonder if those experts who bandy to and fro explanations and accusations in regard to the German break-through in the Spring of 1918 ever have looked at the matter from the point of view of supply, of the supply, say, of one sternly necessary item of defence, wire? At a careful computation we wanted 12,000 tons of barbed wire in January, 1918, and 10,000 more tons in February, 1918, to give our men a reasonable chance of holding the line which we knew to be threatened. Of that total of 22,000 tons we actually got 7,700 tons, i.e., 35 per cent. of what was needed.

I do not quote this fact to start another quarrel, shuttle-cocking blame from soldier to politician. I am more than ready to believe that the people at Home were then doing their best (as, pace all grousers, I believe they did their best from August, 1914, to November, 1918). But you cannot spin out wire like you spin out talk, especially barbed wire. The British soldier can, with his mere flesh and blood, and that gay courage of his, do wonders in the way of making up for want of material. But he could not hold up the attacked sector in the Spring of 1918 against overwhelming odds; and one of the reasons was that he had not enough wire in front of him. He had not the wire in front of him because it had not been, could not be, supplied.

How anxious was the task of G.H.Q. at the dawn of 1918 may be illustrated with these heads of correspondence, in and out.