100 years ago today: a special Sunday edition of the
Telegraph due to escalating crisis in Europe.
Germany has declared war on Russia.
Both Germany and France have ordered the mobilisation of all their
forces. Italy has declared her intention
to remain neutral. At present the
Government has not decided whether to interfere or not with the war in Europe
but “it may be taken for granted that [England] will be absolutely loyal to her
friends”. There is very little hope that
war between France and Germany will be averted.
The bank rate has increased from eight to ten percent.
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