The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-11-22
RUSSIA'S FINANCES
The Berlin Market Will Not be
Opened to Her Loans.
HER DIPLOMATIC APPROACHES
They Receive Decisive Rebuff-The French
Syndicate's FiascO-TOIstoi Contends the
Grain Supply Is Insufficient

BERLIN, Nov. 21.- TCopyrihgt 1891, by
the New York Associated Press. The
papers Of this city tonight associate the
Russian ukase prohibiting the export of
wheat and wheat products with the failure
OF the overtures of Vishnegradsky, Rus
sian finance minister. to Berlin financiers
to reopen the German market to Russian
loans. Financial houses again have been
IN consultation with the government, and
the hreuss Zeituug states this time the gov
eminent definitely intimated the guarantee
offered by Russia did not suffice to justify
official approval of German credit being
ventured in the loans. 1t is understood that
diplomatic approaches through Count
Won Schouveloff, Russian ambassador,
RECEIVED AN EQUALLY DECISIVE REBUFF.
The fasco which the French syndicate
made of the last Russian loon, has enor-
mously increased the financial difficulties
OF Russia. Vtshnegradsky has been forced
to relieve the syndicate of eight out of
twenty million pounds sterling offered. The
public official Genial that the Rothschilds
have taken over 95,000,000 is partly true.
Bonds amounting to GS,O00,0 900 have been
SAoSSO IL 1GObACHlIuS' hGopluR, WIFI no re-
sponslblllty attached TO their future issue
through the firm, and the French syndi-
cate is relieved of the burden of f36, 900, 600
sterling, which the Russian treasury hoped
to have received. Thus Russia, instead of
having realized sixteen millions on Ioans
obtains only nine millions. The refusal of
the German government to permit bank
ers to bolster up Russian credits ends for
a long time TO come the chances OF Russia
inn mn,
the chances of peace.
The statement published in the ST.
Petersburg Official Messenger on the condi-
ton of the imperial finances and its rela-
ton to the famine, was telegraphed here
tonight, the authoritative declaration aim
ing to
MINIMIZE THE DANGERS OF THE SITUATION.
The statement begins by announcing the
stocks of grain, after the prohibition Of ex-
psrts, will be sufficient for the population
until the next harvest. As the people in
the agricultural districts depend on the
sale of grain they will find their position
embarrassing and the government has
therefore assigned to them 5000, 900 rou-
bleS from the cash reserves in the treas
ury. The reserves amount to 22O. 900, 900
roubles, which sum is sufficient to meet
the redemption of the DEBT for the cur
rent year and all expenditures and
still leave a cash balance equal to
the needs of 1892. 1t is denied
there isn't any likelihood that the treasury
will be required to purchase gold abroad
unless such course is necessitated by the
| flowing back of Russian securities TO Rus
STA. The gold reserve amounts to 81, 000,-
QUO roubles in the treasury and 10000 900
roubles in the Imperial bank, besides Z, 0OO,-
600 secured by the recently issued pro-
visional credit notes. These totals do not
include the receipts from the last loan
| The sum of the Official Messengers state
ment is that Russia has plenty of grain and
an abundance of money for the time being.
This is reassuring to the Russians, who
are under the scare of famine This class
/ includes Count Tolstoi, the great social re,
| former, who has published an energetic de
mand that the government declare without
delay whether the stock of grain is suffi.
Gent to last through next summer. Count
Tolstoi advocates
THE PURCHASE OF CORN IN AMERICA
in time to protect the country from famine
and the terrible social disturbances certain
to attend such condition of affairs. Count
Tolstoi contends from his personal calcula
! tions that the stock of grain will not be
sufficient and the government replies guar
anteeing enough to feed the people unit
next harvest. If the reply is falsitied il
| Will LEAD TO revolution, in which Tolsto
says he will aid. Count Tolstois daughters
have opened a free refectory for the fam-
ine-stricken near his chateau.
A fresh instance of the hostility enter
tanned in St Petersburg for the German
element has been given. An order was
given to day forbidding persons to practice
as lawyers in the Baltic provinces unless
of Russian extraction. Many Germans are
thus debarred.
Emperor William gave a state dinner to-
night in the new palace at Potsdam in eel
ebration of his mothers birthday.
Nebon 2. Cook, who claims to represent
a Boston newspaper syndicate has beer
arrested 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 re
sources. Cook says he started from Boston
with l cent in his possession to work hi
way around the world.
mark Twain gave luncheon to Mrs
General Hancock, Hon. William Walter
Phelps, American minister, and other not
able Americans.