The morning news., 1888-12-16
THE MORNING NEWS.
( ESTABLISHED 1850 INCoBPoRATED 1888.
j. H. ESTILL, President.
BERLIN'S CABLE BUDGET.
THE EAST AFRICAN POLICY THE
THEME OF THE HOUR.


marck's Maiden Speech-F ceiling of
the Financers.
Copyright, 1888, by Neto York Associated Press.
BERLIN, Dec. 15.-The debate in the
reichstag on Herr Windthorst's motion
relative to the suppression of the East
African slave trade has dispelled many
errors which were current among
those who believed that Germany would
never stir foot nor spend penny directly
or indirectly to assist the East Africa com
pany over its straIghts. Though the sup
preston of slavery was ostensibly the
object of the motion, its real aim was
simply to elicit the sense of the nation con-
cerning the commercial and political future
of the East Africa company and to provide
a basis for further government action.
BIsMARCK's COURSE.
1t is an open secret that Prince Bismarck
was reluctant to embark i'll o spirited
colonial policy until the nation should have
clearly expressed is will in the matter.
This has now been done in a manner so
decided as to render the chambers future
course clear. The debate marks, all i'm
portant development in colonial policy.
The reichstag has declared in favor of pro-
gressive action, and completely dispelled
the illusion that Germany's action to recover
lost ground, and to safeguard her imperilled
positions on the Zanzibar would be con-
fined to blockading operations on the
sea. The preliminary step having been
unanimous the Reichstag WILL on reassem-
bling after Christmas, be presented with a
bill framed in accordance with the views of
the leaders of the friendly groups, which
will probably enable the East Africa Com
pany, either as at present organized or in
new form, to recruit a local force of natives
for the purpose of recovering and garrison
ing the lost ground, and establishing an
anti-slavery blockade on land as wen as on
sea.
COUNT BIsMARCK'S DISTINCTION.
Count Herbert Bismarck apparently
draws a distinction between the intended
active local force of this kind, and the
other forces which are intended for expedi-
tlons into the interior. But it is doubtful
whether the Arab mind will leallze the
difference. The debate was calm, cautious
and serious, but nevertheless, it savored
largely of the performance of a comedy,
which had been carefully rehearsed and it
is regarded as mere official registration
of well-known ministerial views. The de-
cision was a foregone conclusion.
The North German Gazette on the morn
ing of the debate prominently called atten-
ton to Sir James Fergusson'S speech in the
British House of Commons and significantly
declared that the speech showed that the
agreements between England and Germany
rested upon a secure basis, which would be
little shaken by parliamentary attacks
either here or in England.
TIL RUsso-GERMAN PRESS.
The attitude of the Russian and German
press does not improve. The Hamburg
Correspondents article of Thursday on the
relations between Germany, Austria and
Russia was issued by the semi
official telegraphic agency and
may accordingly be accepted as
authentic. But fortunately, in despite of
its semi-of1icial character, and the strong
feeling it displays. the article has not pro-
duced much effect, either on the bourse or
on the public mind, although it is seen
from the fact that semi-ofiicial writers
again threaten to publish the Austro- Rus
sian treaties Of 1876 and 1877 that the polit-
ical relations with Russia must be strained.
The North German Gazette, referring to
the a rticle, expresses the hope that the
Russo-German newspaper war will not be
renewed. and intimates that if it is, the
Russian Panslavist press will be left to stew
its own juice, while the Tdge6lott advises
the public not TO be alarmed at the journal
istic war, but to wait until the ReichSdn-
zeiger publishes the treaties.
COUNT BISMARCKs MAIDEN SPEECH
Fridays debate in the reichstag was the
memorable occasion of Count Herbert Bis
marck's maiden speech. The greatest in
terest was shown, and more deputies were
present than on any other day during the
session. The public galleries were also
crowded. Among the notable persons pres
ent was Lieut.. Wissman. 1t was especially
remarked that Count Herbert's speech occu-
T. IN
of the day. Count Herbert's voice, enuncia-
ton, gestures, and abrupt delivery vividly
reminded the audience of his father. At
the beginning of the speech his remarks,
though delivered in a low tone, could
scarcely be followed. Afterwards he be-
came calmer and more fl ent, gaining con-
fidence as he won the sympathy Of
his audience. Storms of applause
greeted the patriotic peroration.
Count Hhrbert cannot exactly be said to
have the gift of eloquence, but it is ad-
mitted on all sides that he acquitted him
self of his task well and handsomely.
EMPEROR WILLIAMS HARD WORK.
Emperor William continues to work
hard. He receives Gems. Won Waldersee
and Won Witch daily. 1t is reported that
the latter is engaged in explaining
In minute detail the possibility
of Germany sustaining war against France
1t is stated that the authorities at Kiel
and Wilhelmshauet are preparing to send to
Africa, at the shortest notice. a corps of
volunteers armed with repeaters and riied
cannons. Foreigners will be admit ed to
the corps, the only condition being ability
to stand the climate.
Some OF the radical papers having as
serted that Russia had supplied the
SoudaneSe with arms and ammunition, the
Russian ambassador has assured Count
Herbert Bismarck that such assertions are
totally unfounded.
FINANCIAL AFFAIRS.
Financiers here are uneasy over the suc-
cess of the Russian loan in Paris, which is
supposed to indicate a possibility that
France may recover her lost ground in the
financial world. This she might do If she
devoted her energies TO the task and en-
acted the necessary legislation She would
thus infringe upon the domain which Ger
man tnancers have come TO consider as
their own. At the same time some believe
that Paris has overtaxed herself, and
that reaction must soon ensue. They,
therefore, speculate for decline, especially
IN Russian securities. As compensation for
the loss in Russian stocks, it is the evident
intention to take advantage Of the sales at
Paris of Italian rentes, the price Of
which has fallen off considerably, TO
try TO popularize those securities here.
Another noticeable feature Of the money
market takes the form OF patriotic com
plant that the French Credit Lyonnais has
sent agents into German provincial towns
10 cauvas for business with German bank