The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-03-04
RUSSIAN AFFAIRS.

NO Improvement in the Empires Relations
with Other Powers -CrippIed FINANCES.
copyright, 1883, by the New York Associated Press
BERLIN, March 3-Ihe Cars agents have re-
pewed their efforts to raise loan of 500, 000 900
lou lies at nominal rate in Amsterdam. London
and Paris The loan. if secured. will accelerate
war. bus if refused, will not prevent it.
The relations of Russia with the allied powers
taking developments exactly fore
casted in these dispatches. The diplomatic pro-
posals of Russia have resulted in nothing
definite. What is definite, however, is the
frantic eagerness of Russia obtain a war loan
and her ceaseess preparations for war; The
discomfort among the commercial class in
Russia and the fall in the value
of paper roubles will weaken the Cars
control of affairs, and lead him to a complete
submission to the war party who offer him the
alternative of facing the revolutionary party
The revolutionary organ, Svobodai. declares
that war rapidly approaches. and predicts the
conquest and ruin OF Russia, and the submission
of the Slav Germany. unless the policy
of the Gear is replaced by free national man
sgement Of public affairs. However much he
may be averse to war. the internal discords of
Russia will 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 or the Gar In lntrusting his
brother, the Grand Duke Vladimir,
with the routine dealings between the
Ministers and the Car. The wife of the
Grand Duke. the Princess of Mecklenberg, is a
steadfast German, and sways the Duke in oppos-
ing party; but the Grand Dukes charac-
ter is ill-ftted to cope with Ministers Tolstoi
Vannovski and Pobledonoste who are now
guiding the Gar
The financial crisis at ST. Petersburg appears
TO be somewhat reduced. The price of roubles
here to-day slightly easier at 165. The
Russian press attributes the crisis to an organ
ICED raid by Berlin operators. The Grashdanin
RUSSIAN official organ) proposes to suspend all
payments made on Russian account in Germany
Till ronbles rise to the normal value. The
Novosti, in similar strain, concludes:
I'VE must tell Germany that she
must either raise the price of our
bles expect war" German bankers treat
this nonsense with contempt. They trace the
fall in roubles to the embarrassed internal
finances of Russia, the decline in revenues and
the increase in expenses is creating alarm among
Russias creditors No bearing movement ex-
lists tine Berlin bourse against Russian Sc
cur1ties, but fear has seized upon general in
vestors. especially since NJ. Vishuigradsky the
Russian Finance Minister, called q meeting of
delegates from the exchanges of st. Petersburg,
Moscow, Odessa and other centers to discuss
proposal 70 permit commercial
contracts be made the basis
of foreign metallic currencies instead of the de-
preciated rouble. The proposal is suspected.
probably VI justly. to be toward repudia-
ton, and it undoubtedly dscloses the desperate
condition of Russian finances Bankers ex-
pect further collapse or Russian securities,
ami directing their attention toward the
purchase of Italian securities, arguing that
closer commercial relations between Italy and
Germany will arise out of the political alliance
between those countries, and that there will be
cause of the failure of the negotiations for a
commercial treaty