The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-11-22
FINANCES OF THE BEAR.
FRANCES ATTEMPT TO FLOAT THE
LOAN A FIAsCo.

Cash Boxes - Russia's Impoverish-
ment Looked Upon as q Guarantee
of Peace.
Copyright 1891, BY the ~ Y. Associatsd Pres -
BERLIN, Nov. 21.-!The papers of this
city tonight, on apparently good grounds,
associate the Russian ukase prohibiting the
export Of wheat and products with the
failure OF the overtures of NJ. Vlshnegradsky,
the Russian finance minister, to induce Ber-
lin financiers to reopen the German market
to Russian loans. The Mendelssohn
and other financial houses have again
been In consultation with the government
with reference to the subject The Kreuz
ZeitunO STATES that this time the govern
ment, instead of declining to indicate what
the bankers ought to do, definitely inti-
mated that the guarantees offered by Russia
did not suffice to justify official approval of
German credit hetng ventured in the loans
1t is understood that diplomatic approaches
through Count Won Schouvaloff, the Russian
ambassador at Berlin, on the attItode Of the
government received an equally decisive
rebuff.
THE FIAsCo IN FRANCE.
The flascowhich the French syndicate made
OF the last Russian loan has enormously.
increased the financial difficulties Of Russia.
nj. Vishnegradsky has been forced TO re-
lieve the syndicate Of e9 900, 900 out Of the
R20, ,000, 900 offered. The public official do
nial that the Rothschilds have taken
over &5,o00,00O is partly true. Bonds
amounting 20 9S 10000 have been
placed in the Rothschilds' keeping,
with no responsibility attached TO
their future issue through the firm,
and the French syndicate Is relieved
Of the burden Of $4,000, 200, which the
Russian treasury hoped TO receive. Thus
Russia, instead Of having realized R16,000,-
600 on the loans, obtains only go, 600, 900.
The refusal Of the German governments 90
permit German bankers to bolster up
Russias credit ends for long time to come
the chances OF Russia borrowing money
abroad and strengthens the chances Of
peace.
RUSSIAN FINANCES.
The statement published by the st. Pc
tersburg official Messenger on the condi-
tion OF the imperial finances aud its relation
to the famine was telegraph0d here tonight
as an authoritative declaration, aiming TO
minimize the dangers of the situation. The
statement begins by announcing that the
stocks OF gram, after the prohibition OF ex-
port, will be sufficient for the population
uush bno next harvest. As tue people In
the agricultural districts depend upon
the sale Of grain they viii fiud the
position embarrassing, and the governments
has therefore assigned 70 them 60, ,000, 600
roubles from the cash reserves Ia the treas
ury. 1t is said that the treasury reserves
are 200. .000, 900 roubles, which sum is suffi-
cient 10 meet the redemption of debts for
the current year and all the expenditures
included in the budget, and still leave a
larOa halapnn a fallincr off in ha
is admitted, but the Official
Messenger declares that this
will not substantially influence the
equilibrium of the budget. 1t is denied
that there is any Likelihood that the treas
ury will be required to purchase gold abroad
unless such a course is necessitated by the
flowing back of Russian securities to Rus
sia; The gold reserve amounts to
| 86,500,000 roubles In the treasury
and 120,000,0o0 roubes in the I'm
perial Bank, besides rs, 900 900 roubles
provided for by the recently issued provis-
ional credit notes. These totals do not in
clude the receipts from the last loan. The
sum of the Official Messengers statement
Is that Russia has plenty OF grain and an
abundance of money for the time being
This is reassuring to Russians who are
under the scare of the famine.
COUNT ToLsToI AROUSED.
This class includes Count Lyof Tolstoi,
the great Russian social reformer, who has
published an energetic demand that the
government declare without delay whether
the stock of grain is sufficient TO last through
next summer. Count Tolstoi advocates
the purchase of corn in America Ia time
to protect the country from famine
and prevent the social disturbance
that is certain to attend such condition of
atfairs. Count Tolstoi contends from his
own personal observation that the stock of
grain will not be sufficient, aud that the
governments reply guaranteeing enough to
feed the people until the next har-
vest, if falsifed, will lead TO a
revolution, in which Count Tolstoi
daughters, Latione and Marie, have opened
free refectory for the famine stricken near
his chateau. All those persons who are Ia
distress get good meal, but they are fer
hidden TO take food away with them, the
count foresseing that if they were allowed
to carry food away they might barter It for
drink.
RUSsIA's ANTI~GERMAN EDICTs.
The report that Emperor William is
going to st. Petersburg during the course
of the winter TO intercede with the czar to
deal more gently with the Germans in Bal
tic provinces Is improbable in the face Of
b06 dLblJuQc VI bH6 ROYCTuluout bOWhTu ruS~
sian finances. A fresh instance Of the
hostility entertained in st. Petersburg for
the German element has been given. An
order was issued to-day forbidding that
persons be authorized to practice as law
yers In the Baltic provinces unless they be
OF Russian extraction. Many Germans are
thus debaIred.
Emperor William gave a state dinner to-
night in the new palace at Potsiam in cele-
bration of his mothers birthday Many
buildings here and in Potsdam were deco
rated In honor Of toe occasion.
A MYSTERIOUS EXPLOSION.
A mysterious explosion occurred to-day
in mail wagon attached to train bound
for Halle. Two postal employees were SO
badly scared that they jumped out of the
window and were badly hurt. The carriage
was set on FIRE by the explosion and was en-
tlrely consumed. The mails, comprising
900 post parcels and host Of letters, were
destroyed.
AROUND THE WORLD FOR A CENT.
Nelson P. Cook, who claims to represent
a Boston ne wspaper syndicate, has been ar
rested here and is awaiting trial. He Is
charged with fraud by the proprietors of
the Pfaff Minerva hotel. where he lived for
a month without any financial resources.
Cook states that he started from Boston
with one cent in hi s possession, meaning to
work his way around the world.
Herr Wermut }, the Ger nan imperial COM
missioner to the worlds fair in Chicago, is
in Munich working In the interests Of the