The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-11-25
GERMANY'S PEACE TALK.
EXAGGERATED OPTIMISM AFTER
THE DARK FOREBODINGS

Copyright, 1888, bv Ne,o York Associated Preas.
BERLIN, Nov. 24-The Reicastag will
reassemble Tuesday, when business will
open with the discussion of the budget and
the loan for the reconstruction of the navy.
The speech from the throne continues to
fill the public mind An exaggerated opti
mism regarding the abiding peace replaces
the pessimistic forebodings current prior 10
the delivery of the speech. The speech is
undoubtedly as pacific as the forecast given
last week, but it is misinterpretsd il en-
dowed with the character of being an alb
solute assurance of peace.
THE MOST SIGNIFICANT PASSAGE.
The most significant passage in the para
graph referring to foreign relations was The
emperor's declaration that his aim vas:
'Frieden uitd ,oohlfdrt su zichern so,0eit
dies UOn ttdzeT1I ICitten dbeahdgt.n There
| Is hero nothIbg 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 az
| justifying the hope of being
able with Gods help to maintain the peace
of Europe has been read as indicating
| promise that the czar, besides the allied
| monarchS, viii assist in preserving the
peace. 1t is officially known that tho
| emperor did not intend to convey all I'M
preston other than that he and his allies
earnestly desired to avoid war.
TRYING TO TONE DOWN FEELING.
The semi-otficial Post and Cologne
Gazette are now trying to tone down public
feeling to q lower pitch. The Post warns
Germany that the situation does not justify
the sanguine expectancs that peace is per-
manent; that it is foolish to suppose that
war depends alone upon the decision of
sovereigns; that the difficulty threatening
Europe is not France alone, and that the
| emperor's language means simply 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 is reserved re-
garding others with whose decisions we
have no influence"
AN OMISSION.
The Austrian official Fremdemridtt says
the manifesto passes over Germany's i'm
mense military apparatus in silence as SO
well known as to render reference to it
superfuous. The emperor tells us simply
that Germany will not have to endure the
mIseries of war unless she cannot help it.
These reliable comments are already as
sisting to counteract the fantastic reports
to the effect that Prince Bismarck is feeling
his way toward general disarming.
TALK OF PEACE CONGRESS.
Vienna papers originate the idea that
European congress should determine the
basis for universal league of peace. From
the same source comes rumors that the
chiefs of the German empire SO dread the
results of war that they are
ready to make sacrifices to secure
the fatherlaud against aggression. These
unworthy suggestions appear to refer to
the surrender of Alsace-L Lorraine, which is
an impossibility while Germany remains
unified. In the meantime, instead of pre-
pairing for a peace millennium, the govern
ments are seeking to develop their sinews
of war. Austro-Hungary has obtained a
military loan. Russia and France are rails
ing credits, and finally our new German
loan is recognized as a necessity of national
defense. 1t will be voted by the reichstag
without prolonged discussion.
GERMAN COLONIZATION.
1t is the universal feeling that if Ger.
many seeks her colonial expansion to COM
pete with any success against the English, O
strong fleet is the first essential. The naval
budget shows an immediate increase of 900
officers, and the extraordinary naval budget
proposes an increase of 27,960, 900 marks,
but the actual increase, owing to the first
installments for the addition to the fleet,
amounted to SO, 500, 900 marks covering the
completion of four ironclads, two torpedo
vessels and one cruiser. Ire report gains
credence that Prince Bismarck means to
assist the treasury by an increase of the
tobacco duty. This will be a step toward
the realization of mis- favorite project Of
government tobacco monopoly.
THE KAISER ON HUNT.
The emperor, after opening the reichstag,
loft for / az zc lipuaT N q ShnOfin0
with the Duke of Aosta and the Archduke
Ferdinand. The party returned to-day
The Duchess of AoSta was warmly received
by the empress The imperial family
is now located for the winter
season in tue old Schloss, occupying z a
suite of rooms on the first and second floors
looking on the Schloss platZ. The emperor
suddenly decided a few weeks ago to occupy
the Schloss, which was deserted as a town
residence during the reign of his grand
father. Sudden orders to refutnish the
Schloss regardless of cost quickened the
business of number Of Dresden, Hamburg
and Berlin firms.
THE FINEST ROOMS IN THE EMPIRE.
The decorations were completed with
magical rapidity, an expenditure of $50 900
marks resulting in the most magnificent
rooms in the empire. Tho dining and
drawing-rooms are draped with Gobelin
tapestry, and have richly gilt ceilings. The
walls of the emperor's working Office are
covered with embossed leather, with floral
hand paintings A number Of selected paint
ings are placed about the rooms An electric
light, softened by shaded glass, ,illuminates
the whole The renewal of the apartments
was done under the emperors instructions.
The existing art resources Of the Schloss
have not been touched. In the new suites
everything is new.
RUssIAs LOAN
The new Russian loan is announced to
be issued on Dec. z. In the meantime, Ger
man holders of Russian securities are as
siduously selling, finding Paris willing to
absorb all kinds of Russian securities The
ready buying by foreign bourses, combined
with the authoritative announcement that
the contract stipuates that the loan shall
be used solely for the conversion of 1877
bonds, has maintained the price Of Russians
and hardened the quotations Of roubles,
which closed at 2091S.
GOLD MOVEMENTS.
The gold movements are eagerly watched
and efforts are being made 10 take gold
from London to meet the outflow to the
Argentine Republic. The Reichsbank |
assists by intimating its readiness to give
its advances free of interest for six DAYS
when dc igned for export gold from Eng
land. The reduction of the bank rule
from 35 to 81 per cent, with lower rate
of exchange on London, has helped the in
fux of gold into Germany.