Los Angeles daily herald., 1888-11-25
CABLE LETTER.
The Peace of Europe Still a
Matter of Doubt.
GERMANY'S OPTIMISTIC VIEWS
The Kaiser's Speech From the
Throne the Subject of Much
Comment.

Comment.
Copyrighted 1888, by the New York Associated
Pressl
BERLIN, November 24.-The Reichstag
will reassemble Tuesday, when business
will open with discussion of the budget
and loan for the reconstruction of the
Navy. The speech from the throne con-
tinues to fill the public mind. Exagger-
ated optimistism regarding abiding
peace, replaces the pessimistic forebod-
ings current prior to the delivery of the
speech. The speech is undoubtedly as
pacific as the forecast given last week,
but it is misinterpreted if endowed
with the character of being an
absolute assurance of peace. The
most significant passage in the paragraph
referring to foreign relations, was the
Emperor's declaration that his aim was
the assurance Of peace and good will to
the best of our endeavors." There is
here nothing beyond the protest that SO
far as it depends upon the Emperor his
policy will be pacific. The concluding
sentence, referring to the confidence
shown in His Majesty during his tour,
as justifying the hope of being able with
Gods help to maintain the peace of
Europe, has been read as indicating the
promise that the Czar, besides the allied
monarchs, will assist in preserving peace.
1t is officially known that the Emperor
did not intend to convey an impression
other than that he and his allies earnestly
desired to avoid war.
ToNING DOWN PROSPECTS OF PEACE.
The semi-official Post and the Cologne
Gazette are trying to tone public feeling
to lower pitch. The Post warns Ger
many that the situation does not justify
the sanguine expectance that peace is
permanent; that it is foolish to suppose
that war depends alone upon the decision
of the sovereigns; that the difficulty
| threatened is not with France alone, and
that the Emperor's language means SIM
ply that he is preparing with resignation
to face the most serious task that can be
placed upon the chief of great Nation.
The Cologne Gazette says: The speech
| is pacific only as far as we and our allies
| are concerned and reserved regarding
others with whose decisions we have no
influence.
The Austrian official journal, F1smden-
6latt, says: The manifesto passes over
| Germany's immense military apparatus
render reference to it superfuous. The
| will not have to endure the miseries of
war unless she cannot help it.
These reliable comments are already
| q cciotipO tO oOt,nfaroot tho fap ro-
ports to the effect that Prince Bismark is
feeling his way towards q general dis
| arming. From Vienna papers comes the
rumor that the chiefs of the German
Empire so dread the results of war that
! they are ready to make sacrifices to Sc
cure the Fatherland against aggression.
| These unworthy suggestions appear to
refer to the surrender of Alsace-Lorraine,
which is an impossibility while Germany
remains unified.
DEVELOPING SINEwS OF WAR.
In the meantime, instead of preparing
| for the peace millennium, the Govern
ments are seeking to develop their sin
ews of war. Austria Hungary has OBJ
tanned military loan; Russia and
France are raising credits, and finally
the new German naval loan is recognized
as necessity of national defence. 1t
will be voted by the Reichstag without
prolonged discussion. 1t is the universal
feeling that if Germany seeks her colonial
expansion to compete with any success
against the English, strong feet is first
essential
The new Russian loan is announced to
be issued on December 9TH. In the
meantime, German holders of Russian
securities are assiduously selling, finding
Paris willing to absorb all kinds of Rus
sian securities. The ready buying by
foreign bourses, combined with the au-
thoritative announcement that the con-
tract stipulates that the loan shall be
used solely for the conversion of 1887
bonds, has maintained the price of Rus
sian securities and hardened the quota
ton OF roubles, which closed at 209.5O.
RUSSIAN sYMPATHIzERs IN RoUMANIA.
Roumania, it is announced tonight,
has an unfavorable anti German element
in the Russophile. General Mano, Min
lister OF War, and NJ. Lahovary, Minister
OF Commerce, both oppose the Kings
policy of sympathy for the Triple Alli-
ance. General Mano wants a cessation
in the construction of forts designed to
oppose the Russian advance. M.
Lahovary has repeatedly declared
that no Roumanian soldier would
ever fire upon a Russian. M.
Katargi, President of the Chamber of
Deputies, is also a Russian partisan.
The King assents to coalition cabinet
under the stipulation that General Mano
and M. Labovary will not interfere with
the foreign policy, guided by M. Carp,
Foreign Minister. The coalition will
not last. NJ. Carp wants new dissolu-
ton and an appeal to the country.
EMPEROR WILLIAMS WINTER RESIDENCE.
The Imperial family is now located for
the winter season in the old Schloss,
occupying suit of rooms on the first and
second floors, looking on the Schloss
Plattz.
Rather Mixed.
"Are you for Miles," asked delegate