Signs are not wanting that Turkey is beginning to realise the position in which she has placed herself, namely, that of a bankrupt dependant at the mercy of a nation to whom that quality is a mere derision. Lately a quantity of small incidents have occurred, such as disputes over the ownership of properties financed by Germany and the really melodramatic depreciation in the German coinage, which unmistakably show the swift ebb of Turkey's misplaced confidence. More significant perhaps than any is a transaction that took place in May 1917, when Talaat Bey and Enver Pasha took the whole of their private fortunes out of the Deutsche Bank in Constantinople, and invested them in two Swiss banks, namely, the Banque Nationale de Suisse, and the Banque Fédérale: they drew out also the whole funds of the Committee of Union and Progress, and similarly transferred them. This operation was not effected without loss, for in return for the Turkish £1 they received only thirteen francs. But it is significant that they preferred to lose over fifty per cent. of their capital, and have the moiety secure in Switzerland to leaving it in Constantinople.[1] It is certain therefore that at both ends of the scale a distrust of German management has begun. A starving population has wrecked trains loaded with food-stuffs going to Germany, and at the other end the men with the swords of honour and dishonour deem it wise to put their money out of reach of the great Prussian cat. That the Germans themselves are not quite at their ease concerning the security of their hold may also be conjectured, for they are, as far as possible, removing Turkish troops from Constantinople, and replacing them with their own regiments. An instance of this occurred in June 1917, when, owing to the discontent in the capital, it was found necessary to guard bridges, residences of Ministers, and Government offices. But instead of recalling Turkish troops from Galicia to do this, they kept them there in the manner of hostages, mixed up in German regiments, and sent picked bodies of German troops to Constantinople. Fresh corps of secret police have also been formed to suppress popular manifestations. They are allowed to 'remove' suspects by any means they choose, quite in the old style of bag and Bosporus, but the organisation of them is German. And well may the German Government distrust those signs of popular discontent in a starving population: already the people have awoke to the fact that the German paper money does not represent its face-value, and, despite assurances to the contrary, it is at a discount scarcely credible. Three German £1 notes are held even in Constantinople to be the equivalent of a gold £1, while in the provinces upwards of five are asked for, and given, in exchange for one gold pound. It is in vain that German manifestoes are put forth declaring that all Government offices will take the notes as an equivalent for gold, for what the people want is not a traffic with Government offices, but the cash to buy food. Even more serious is the fact that Austrian and Hungarian directors of banks will no longer accept these scraps of paper. In vain, too, is it that the hungry folk see the walls of the 'House of Friendship' rise higher and higher in Constantinople, for every day they see with starving eyes the trains loaded with sugar from Konia, and the harvests raised in Anatolia with German artificial manures guarded by German troops and rolling westwards to Berlin. According to present estimates the harvest this year is so vastly more abundant than that of previous years, that no comparison, as the Minister of Agriculture tells his gratified Government, is possible. But the poorer classes get no more than the leavings of it when the armies, which include the German army, have had their wants supplied. The governing classes, whom it is necessary to feed, are not yet suffering, for the Germans grant them enough, issuing rations to such families as are proved adherents of the German-Turkish combination, and until the pinch of want attacks them we should be foolishly optimistic if we thought that a starving peasantry would cause the collapse or the defection of Germany's newest and most valuable colony. There is enough discontent to make Germany uneasy, but that is all.[2] Long ago she proved the efficiency of her control, and the successful pulling of her puppet-strings, and no instance of that is more complete than the brief story of Yakub Jemil and the extinction of him and his party, which, though it happened a full year ago, has only lately been completely transmitted. Yakub Jemil was an influential commander of a frontier guard near the Black Sea coast.