The Argus. (Rock Island, Ill.) 1885-1886, 1886-04-30
RAISING THE "SINEWS.'
RiISSlA'S PLAN FOR KEEPING THE
TREASURY FULL OF CASH.

hlSSlAS PLAN FOh NEePlN6 iHE
TREASURY FULL OF CASH.
New Loans Made as Regular Habit to
Pay the Interest on Old Ones-Turkey
Mortgaged to England and the Mort
gagee Not Happy-Greece and the Rest.
BERLIN, April 30-Ihe correspondent OF
the United Press had all important inter
view Thursday with one of the leading
bankers of Berlin who has intimate rela-
lions with the Rothchilds, and who has him
self been anxiously consulted by kings and
emperors when in need of financial aid The
subject Of the conversation was the present
financial standing of the various countries
in the south of Europe which seem
to DO on the brink Of war. The
correspondent first asked: "What are the
resources of Russia for conducting long
and expensive war;"
Tho banker replied: Russia occupies a
unique position as a borrower of money
She never pays her debt in full, but still
her bonds are favorite investment among
many classes in German to whom default
would mean ruin She always borrows
more than she needs, to provide for the
interest This is always promptly paid and
herein is the secret of the popularity
of Russian securities among trustees
OF small estates belonging to
widows orphans and other small invest.
ors When the bonds become due she usu-
ally defaults in pay ment, but issues a new
series which is even more attractive than
the cd ones, because she has to pay a trif,e
more of interest or bonus to effect new
loan. Shehas been an extensive borrower in
this market during the pest winter, and
more Russian bonds are now probably hell
in Germany than at any other time. To
my certain knowledge, and possibly to
my loss the Russian minister of finance
has obtained funds enough in actual cash to
pay every internal expense, ordinary or ex-
traordinary of Russia for the next six
months If Alexander desires war, he need
not be checked for moment by the CUES
ton of finance"
How about Turkey"
Turkey as every one knows, is hope
lessly bankrupt, and has lately put herself
in pawn to England London ha;
been for many years the only
place whers Turkey could borrow
piastre. The London banL
and large insurance companies are Loaded
down with the worthless rags known a.
turkish debentnres. They nave negotiated
these securities Tor MANY years with blind
faith which can be compared with the fatal
ism OF the Mussuimeh themselves and whicf
mas oeen CAUSE VI aiiiaAeiiieh' W al coh
sentative IMAM lers IN Europe
turkey has now surrendered her entire
revenues 70 Ehsnihu, giving the latter On
.raoiuihaiS po"eis III 'no way U. 'hN eoi
ie1No" "u n'ii's'i a'ioh
All 'ha' iurhey as~s IS W ue so' OUT Vi hei
present ruihous SITUATION, winch coiupeis nei
70 maintain aii arihh''ien' ias oeS ohu he'
nhahciai power 10 supl'or', LOT Tue lear o
dreece on 'te one haiid ana hussia on th'
other Inc BRUSH government is appaiiet
at the prospect Oh another Iureo- hussiai
wal "n,en "out 'i o'' T. .ne 'I mop
VI o ms on i Ni'n 'on'S
0, WHICH ~ mas many iiiiiiohs III is OK
Tne4uel "e . .no u y. 80" VI i1oi'
iNoy a m .' E--';nS u ma,
saieiy iesaiu an 'no = nan '"iN aoou
maintaining '''e peaoo u i1ui ope, Asepins
s''ohk o'i i.oi t'uS SO. anu 'lio se'
anu restee'hs 'ne mn ~, ue"'9 Us p't'''
ui l'l1'' pui ass 1uo.n''
serious ieo" WI! hheiaii'
uieaus wal "io "o'iu pe unhoi =
10 RAISE hhgel III aiu vi ner iurhisi
p.o'eso oe'a'se iN"'.i" n"' niauo "ii nc
dispositions lof ,aP'uiiu5 heta' anu ue
seehaihg upon iho'a 'he hioineh' 'na
| hng,ahu s'rihes olo"
| nat 'ne hiahe'ai eohui'ioh
| bulgaria.
bulgaria PRUDENT, sen supporting
country. IL iost huch less treasure IN th
| war win oerVia IMAM ils opponent, an
II mas hau aini'e .ihie 70 recuferatt
l's people are intensely pa'rlo'ic ana VII
submit eneeriuiiy 10 any increase OF take
II ,ne cause Is .ne unihea'ioh OF the grea
Duiearia ioin oy 'he GU e'a. Vi ms as'
oo'"ooi' VIM % Io"i'o' n"'o 'ho ma
sary support Oh turkey, anu VIII receiV
financial AID In quiet way from England
frhce Alexander IS idoiiled py MS peoPi
| Ior us Persohai ieauersn!p Oh I'll