New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-02-23
FINANCIAL WOES IN PARIS.
CAUGHT IN THE CRASH OF LUNION GENE
EALE
IRON THE REGULAR CONFECTIONERY OF -HE TrTnrS

The Bourse crash and the collapse OF Tie OuIon
Generate will have a had effect upon the Carnival.
Instead of giving fancy balls aud afternoon dances
fine ladies will, this spring, he closeted win anc-
tloneers' clerks. who have been summoned to make
nventories of their goods and chattes. Tue l'oIy
hammers of the salesmen at tho Rue Drouet mart
will be buster than ever they have been since thaI
establishment was created. hear tnaJ INC J'SV
mart of the fortune which the Marquis dc CauX eN-
tracted from PATHS voice has been enguled AZ llc
Bourse. Prince Philip Of Coburg. son-in-law OF the
King of the Beleians. invested 3,O0Ovoc francs III
LInion Generate, and as he did not sell MS scrip
when prices were high. has now only Liabilities.
The EmperOr of Austria who was q personal iTichd
Of Boutoux When ne directed the South bahn OF
South Trunk Railway, ietween Vienna aud
Venice. is reported 10 have lent that specui'loI
80 900 900 francs, which he had with other moneys
inherited from the late Emperor Ferdinand ana
pl,ced in the Bank Of England. So great WAS MS
Maestys confidence in the honesty and intelligence
Of the man. that he might have lent another very III
nortant spn To him had be not been forced into the
bankruptcy court by his arrest. ms sep was
taken AZ the instance of the ROthschilds and NJ
Leon Say, in order TO force the Tribunal OF Com
uerce. some Judges Of which we're in eresied in the
Tnion Generate. to declare this bank iLsoivent
yicor te de Ia Panouze, n nephew OF AIaIslai
NacNahon. is utterly ruined by the collapse OF
Bontoux He married few years ago Nile. Hell
bron the singer. The delightful hotel "hlcu INC
Vicomte ran NJ ro- the diva IL tho Pare MOnceau
Il 10 be sold by her in the course OF the spring TO
meet outstanding debts. She also intends to send
her Jewels and laces to the auction mart, ana then
to try-unaccompanied Ly her husband-her luck
in America. Christine NELSON'S misfortuncs also
orise from Bourse sneculatons That illustrlous
artist i. ut the Continental. She sees nobody.
81. sr brucr " hero s.
might, although her voice is no longer what it was,
obtain a lucrative engagement Her energy az
pears to have left her. NJ. Rouzeaud the husband,
who was an aniable ncer-d0-wcel, has been visited
this week by four specialist doctors, who. at her
request went to the private madlouse where he IS
under treatment, to examine him. In Their opinion,
cerebral paralysis having set in, he IS lncuTahle
Christine Nilsson was called tLe tayorite chlid oil
fortune She WIS the darling. certainly. OF The Ing
lish and the Ncnnese missionaries. and held III
great esteem by the Royal Family Of England ana
the late Dean and Lady Augusta stanley. Ihe
Dean soemuized her marriage IN Westminster.
Luck dogqed her steps for long course of years.
The gloomy side OF human existence Is now beng
turned toward her by inexorable fate.
Among the fortunes that have gone down in the
wreck of the Union Generate should be included
5000. 600 francs belonging to tie Comte de Cham
bord = 900 900 francs belonging to the Prince and
Princess de Broge, and OOo, 900 francs belonging
to the Princess Ode,cachi. The failure of the
bank in which the Duke Of Cumberland had III
vested 5000 900 marks or 3,7jO,oOO francs, was
owing TO the collapse of BontouS. That noble per-
sonage is the legitimate King of Hanover, and being
married TO the Princess Thyra Of Denmark Is the
brother-in-law of the Empress Of Russia, the Prin-
cess of Wales ana the King Of Greece The loss he
has Just experienced b. must feel severely, rs he
continues TO keep up those Hanovcr.aHs who we're
impoverished through their fidelity TO his house
IL was Herr WindE0rst, the leader OF The Catholic
group IN the German Parliament who recommended
the investment which has proved disastrous one.
vicomte Emmanuel d'llarcourt and VI. Ri.nt,
both directors of LUnion Generate, were yesterday
before the Judge Of Instruction. teray who Is
CHARGED with The task Of searching into the causes
which lei TO tie down Of that enterprise. VI.
d'Harcourt is also a nephew of Macllahon and vas
his private secretary and political prompter at the
Elvsec He is a man of feeble character. bnt Is en-
lowed with some talent for intrigue. lie and the
Duo Decazes. the Marquis de Beauvoir, and two OF
the De Broelie princes. made use of their knowl-
edge Of State secrets under MacMahon 10 gamble
successfully on the Bourec. NJ. Rant is a Catholic
member of the Municipal Council. and Is sald 10 dee
affiliated 10 the Jcsuits. AT any rate he MONS III
trust for them and other orders properties winch
they could not legally de'aln. Within the last
fouTteen mouths he mas purchased for them ia Paris
alone estates for which he paid JV,OJVOW! francs.
AS the Code does not recognize trust OF this kind,
the fortunes vested in NJ. Rant VIII he nauie Tor
what lac owes ~ a director of l. MON Generate.
This financial enterprise vas originally started IN
1866 IL was blessed v the rope, ana was 20 serve
as a reservoir for tie capital OF RELIGIOUS atH"lit7
and converts Tho money gathered IN It was To
be applied t. stimulate trade aud industry ia
Catholic Stlles or communities. W hen 10 was
fourd ,..pellpnt o. give 10 wider basis OF opera
tons NJ Place, the brother of the Bishop OF Mar
settles. was sent 10 Rome 20 confer with atner
beckx and Cardinal AutoneIlL lie obtained thGIr
patronage soon after he returned to France he
blew ms brains ont, nOboCy ever knew Ly. The
concern at that time was nourshlng; Dut II ana NOT
maAe enough OF money 10 satisfy petsOH4-I' 70
WHOM alOtmeuts mad been made OF l"eiatcu
shores They wanted the bank 10 go into finance or
a more brilliant but less solid KIND lne MARQUIS
de Phone, IN eX sub governor ol the hAhk Oh
France, Was the chairman ana an favor OF prudent
operations. He lid not lie 10 advance against me
Jrws with color, living and TO the sound OF ME aid
drum but steal marches on them after hVe or - y
years OF quiet mauUuvriug ana preparation, ~ INC
great financial centres OF Europe 10 get n" OF mn I
impatient directors maze nun ptrs5u Oh ~ az"
Grated shares. which NJ alcTWtt. ulspos't4 o. lui
ZOO -raucs apiece. BOntouX who had been IN
troIucrd to CathouC and ROyHllst society by tht
Duchess ClemcutILc of SaNe-l OOurg, thcn came
forward aud was elected president. lie hdd ne'n
ar ol,,rd - AN engineer on the Austr0-L Lombard
railways where he was brought into relations WIN
the Archduke Macmillan, afteTward Emperor oil
Mexico From Lomtardy the engineer removed 20.
Austria and placed at the head OF the southern
Railways. He shone there as an administrator
phIanthrOpi~t and an apostle OF OitrainontahlsHl
Tran Joseph conceived great liking lot LiH aht
treated hm as ~ bosom friend Whenever BontDuN
aired his financial projects 10 the Emperor his
Majesty encouraged him 10 put them INTO eXecu-
ton. They both hoped. through the Union Cen
erale to break the neck of the Jewish international
and the Revolution &" which they saw that Israel
was giving an antI-demOcratIc direction. lhe Jews
were tryInL to establish "a new kind of feudalisn,
which was secretly at enmty with thrones ana
prOples. In my opinion both / ianZ Joseph anu NJ.
BontOux Judged correctly. But tney knew nothing
abont stock Exchange business and they were
impruCeut in declaring the objects which apart
from mere financial specuatons the directors aimed
at accomplishing