Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-03-06


PARIS, March 5.-The sudden death of
M. Denfert Rochereau caused temporary
panic on the Bourse to-day. The knowledge
that his company, the Compton DIES
compte, was heavily involved with the Soci-
etc des Mitaux in copper speculations created
a scare that extended to other financial in
stitutlons. M. Rochereau had a fainting
fit while driving from the Compton DIES
compte to the banquet de Pays-Bas.
He recovered and was taken home, where
he died an hour afterward. Operators at
once said that it was case of suicide owing
company took immediate action to correct
the rumors that were SO current by issuing
an announcement that M. Rochereau had
suffered no reverses, his private fortune
being intact.
Their declarations did not extend to any
statement as to how the Compton d'Es-
compte and allied financial houses were
affected by the copper collapse.
A TEMPORARY PANIC.
Wild fluctuations marked metal shares
from noon until the close. Societe des
Metauz shares fell to 1873, and when the
panic abated they closed at 1872. Rio Tinto
touched 3S2 and closed at 397. Compton
d'Escompte ranged between 300 and $50, the
the final quotation being $40. Rentes were
irregular.
Tomorrow, it is understood, will be big
with fate for the copper syndicate, the nego-
tiations for an arrangement with all the
mines, including American, finally sue
ceeding or failing.
The appeal of the Panama Canal Compa-
against the decision of the Tribunal of Com
merce was again before the Court of Ap-
peals to-day. The sitting was occupied in
hearing arguments of the company's coun-
sci. The decision of the Court, which was
fixed for last Saturday, has been postponed
indefinitely. Shareholders of the company
appear to think they can stave of calamity
by holding palavers every few days, at
which fresh schemes to maintain the COM
pany are propounded.
ABSURD SCHEMES.
Some of these are so fantastic as to assist
in turning public interest in the Panama
Canal into the interest attending a tragic
comedy. Among the projects discussed was
a proposal that every shareholder contribute
125 francs per share for the completion of
An enthusiastic shareholder suggested
that if funds failed, Frenchmen would not;
that volunteers might be obtained to go to
complete the works at the cost of bare main
tenance The meeting hardly knew whether
to take this proposal seriously or as an ILL
timed jest To sum up, the Panama scheme
is not only dead, but is laughed at.
Admiral Olry reports to the Ministry of
Marine that Atchinhoff compelled the
women and children of hisp party to remain
in the fort until he surrendered, although
warned that the French would open fire
unless his flag was hauled down. This
helps to explain the official Russian report
issued to day, stating that man, 2 women
and children were killed, and 20 other nom
combatants were wounded by the French
fire.
BoULANGER's FUTURE.
The historian Mommsen is visiting Paris
In an interview he said he did not consider
Boulanger much of a Cesar. He knew him
only by his negative qualities-for example,
the absence of the moral sense. He thought
it hardly possible for Boulanger to do any
thing very remarkable. There was, per-
haps, more to see in the Generals horse
than in the General himself
His success, in the meantime, proved that
there were no true Republicans in Paris.
Germany considered calmly FRANCES Crisis.
He did not believe that the officers of the
French army were with Boulanger, al
though the privates might approve his
course.
He predicted that if Boulanger should
ever become Chief of State his reign would
be precarious and of short duration. Other
Generals would conspire to. overthrow him,
and an era of pronunciamentos would open
for France.
VIEWS ON HARRISON.
The Temps, commenting on the inaugural
address of President Harrison, calls atten-
ton to the traditional and systematic abb
stention of America from foreign policy,
while proclaiming loudly the duty of the
country to protect her citizens wherever
established. The Temps sees in this new
diplomatic system the logical outcome of
the Monroe doctrine which, it says, Mr..
Harrison appears ready to energetically
eafirm.
The Li6erte does not see how the Monroe
doctrine applies in the case of the Panama
canal, as no power ever thought of establish
ing authority over the canal.
The Figaro publishes only those passages
of the address that refer to European inter-
vention in American affairs. Those utter
anoee II cove prova thot Mr. Harrison IL O