13 JANUARY 1917, page 1

Since Our Last Issue The Germans Have Captured Braila, One

of the chief Rumanian granaries, though we fancy that they found it innocent of grain. They have also taken Focsani, which seemed to be doomed when we last wrote. By the capture......

Of Course The Check May Be Purely Temporary. The Best

news from Rumania is that the Rumanian Army which retired through the Russian lines is resting and re-forming itself. Let us hope that it will perform this operation after the......

M. Trepoff Has Ceased To Be Russian Prime Minister After

being only six weeks in office. He is succeeded by Prince Golitzin, who some time ago denounced M. Stiirmer in the Council of Empire for permitting corruption and pro-German......

The Fighting On The Western Front Has Been Marked By

the usur/ raids, which continue through mud and sleet, light and dark. It is impossible to enumerate them all, but on the balance the ad- vantage has been greatly on our side.......

Dr. Michaelis, Chairman Of The German Imperial Grain...

an article in the Ifolnische Volkszeitung, has warned his country- men that they must not expect peace to bring plenty :- "There exists a widely prevalent hope that when peace......

King Constantino Has In Form Yielded To The Latest Ultimatum

from the Allies, and apparently is to be allowed a fortnight to carry out his promises. This ultimatum required the complete acceptance of the Allies' Note of December 31st......

News Of The Week.

A s wego to press the terms of the new War Loan are being explained at a great meeting at the Guildhall. The speeches of Mr. Lloyd George and Mr. Bonar Law are the fanfare which......

The Russians Are Conducting A New Offensive On The Riga-

Jacobstadt line. The papers of Tuesday reported that they had opened well by taking about eight hundred prisoners and sixteen guns. The Germans said that their own......

We Very Much Doubt, However, Whether Hungry People Will Be

impressed by this logic and discover a new appetite for fighting.. The result, -4e should think, would be to increase the general depression. Dr. Michaelis may have exaggerated......