The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-03-04

celerate war, but if refused it will not pre-
vent it. The relations of Russia with the
allied powers are taking developments ex-
actly as was forecasted in these dispatches.
The diplomatic proposals of Russia have re-
suited in nothing definite. What is definite,
however, is the frantic eagerness of Russia
to obtain war loan, and her ceaseless prep
arations for war. The discomfort among
the commercial class in Russia and the fall
In the value on paper roubles will weaken
the Cars control of affairs and lead him to
complete submission to the war party who
offer him the alternative of facing the rev.
olutionary party.
WAR RAPIDLY APPROACHES,
The revolutionary organ, the SUofoda
declares that war rapidly approaches. and
predicts the conquest and ruin of Russia
and the submission of the Slav to Germany
unless the policy of the Car is replaced by
free natlo9al management OF public
affairs. However much he may be averse
to war, the internal discords of Russia will
soon force the Gar to risk the future of the
Romanof dynasty by challenging the
central powers. A faint glimpse of
peace is got in the action of the Gar in in
trusting his brother, the Grand Duke
Vladimir, with routine dealings between the
ministers and the Car. The wife of the
Grand Duke Vladimir, the Princess of
Rb
Sways the Duke in opposing the war party,
but the Grand Dukes character is ill-fitted
to cope with Ministers Tolstoi, Vannovski
and PobiedonoSoff, who are now guiding
the Gar.
THE FINANCIAL CRISIS.
The financial crisis at ST. Petersburg ap-
pears tc be somewhat relieved The Rus
sian press attribute the crisis to an organized
raid by Berlin operators. The Grdshdanil,
the Russian official organ, proposes to sls-
pend all payments made on Russian account
in Germany till roubles rise to their normal
value.
The NoroSti in a similar strain concludes:
eve must tell Germany that she must
either raise the price on our rOubles or ex-
pect war"
German bankers treat this nonsense with
contempt. They trace the fall in roubles to
the embarrassed internal finances of Russia.
The decline in the revenues and the increase
in expenses are creating alarm amoug Rus
slas creditors No bearing movement ex-
lists on the Berlin bourse against Russian
securities. but fear has seized upon general
investors, especially since Vishnigradsky,
the Russian Finance Minister, called a
meeting of delegates from the exchanges
of st. Petersburg, Moscow, Odessa and
other centres to discuess the proposal to
permit commercial contracts to be made on
the basis of foreign metallic currencieS in
stead of the deprecated rouble.
STEP TOWARD REPUTATION.
The proposal Is suspected, probably un-
justly to be a step toward reputation, and
1t undoubtedly discloses a desperate condi-
tion of Russian finances. Bankers expect
a further collapse of Rus
sian securities, and are directing
their attention toward the purchase
of italian securities, urging that close COM
mercial relations between Italy and Ger
many will arise out of the political alliance
between these countries, and that there will
be war of tariffs between France and
Italy because of the failure OF the negotia-
tlonS for commercial treaty.
The Reichstag will act upon several minor
bills before adjourning on March II. All
the Centerists have adhered to the proposal
presented by Herr Windtherst in the Land
tag, asking the government not to delay the
restoration to the Catholics of the rights of
religious teaching in the primary schools,
which are assured to them under Article "a
of the Prussian constitution.
French artists decline to exhibit at the
Munich Art Exhibition.
The Inter-art Exhibition at Vienna has
opened. No French or Russian art is there
represented.
LONDON, March 3.-A dispatch from San
Reno states that DIR. Kussmaul has written
letter in which he says the discharge from
the Crown Princes throat comes from the
seat of the throat. 1t is entirely devoid Of
smell.
A COMFORTABLE NIGHT.
SAN RENO, March 3.-The Crown Prince
passed a fairly good night. There is no
change in his condition as regards cough
ing and splitting. He felt stronger this
morning in consequence of the good day
experienced yesterday. The weather IS
brilliant and the Crown Prince sat awhile
upon the balcony to-day.