Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-11-22
Germany Rebuffs the ambassadors of
the Bear on Their AppIica-
tion for a Loan.
CHANCES FOR BORROWING ENDED.
Bankers Can No Longer Be Allowed to
Bolster Up the Credit Of the
Neighboring Nation.
REAsSURTNG NEWS ABOUT THE FAMINE.
Count Tostoi Threatens Revolution if There Is Not
Food Enough.

BERLIN, Nov. o1.-The papers of this
city tonight, on apparently good grounds,
associate the Russian ukase prohibiting the
export of wheat and wheat products with
the failure of the overtures of M..Vishne-
gradsky, the Russian Financial Minister,
10 Berlin tinanciers to reopen the German
market to the Russian loans. Mendellsohn
and other financial houses have again been
in consultation with the Government with
reference to the subject.
The Kre7e& Zeitaseg states that this time
the Government, instead of declining to in
dicate what the bankers ought to do, def
nitely intimated that the guarantees offered
by Russia did not suffice to Justify official
approval of German credit being ventured
in the loans
1t is understood that the diplomatic ap-
proaches through Count Won Schouvaloff,
the Russian Ambassador at Berlin, on the
attitude of the Government, received an
equally decisive rebuff. The fasco which
the French syndicate made of the last Rus
sian loan has enormously increased the
financial difficulties of Russia NJ. Vishne-
gradskv has been forced to relieve the syndi-
dieate of &S.000,000 out of 920, 0,000, 900
offered.
Rothschilds Have Taken Some OF the Bonds.
The public official denial that the Roths-
childs have taken over e5, ,ooo, 900 is partly
true. Bonds amounting to es,000,oo0 have
been placed in the Rothschilds' keeping
with no responsibility attached to their fut-
ure issue through the firm, and the French
syndicate is relieved of burden of s6, 000,-
600, which the Russian Treasury hoped to
receive Thus Russia, instead of having
realized e16, 600, 600 on the loans, obtains
only go, 600, 900. The refusal of the Ger
man Government to permit bankers to
holster up the Russian credit ends for long
time to come the chances of Russia borrow
ing money abroad and strengthens the
chances of peace.
4 statement published by the st. Peters
hurg Official Messenger Oh the condition of
the imperial finances and its relation to the
famine was telegraphed here tonight as an
authoritative declaration aiming to mini
lnize the dangers of the situation. The
statement begins by announcing that the
stocks of grain after the prohibition of ex-
port will be sufficient for the population
until the next harvest As the people in
the agricultural district. depend on the sale
Of grain they will find the position embar-
RAISING. and the Government has therefore
assigned to them 10, 600, 900 roubles from the
cash reserve in the Treasury.
Enough Reserved to Redeem the Debt
1t is said that the Treasury reserves 22o,-
600, 900 roubles, which sum is sufficient to
meet the redemption of the debt for the |
current wear and all the expenditures in |
cluded in the budget, and still leave a cash |
balance equal to the needs of 1892. A fall |
ing of in the revenue is admitted but the
Official leSsenger declares that this will not
substantially influence the equilibrium Of
:e budget 1t is denied there is any like
hood that the Treasury will be required to
purchase gold abroad unless such a course
is necessitated by flowing back of Russian
securities TO Russia.
The gold reserve amounts to total of
st, 500 600 roubles in the Treasury and
120. 0O0, 900 rouble in the Imperial Bank,
besides 75 900, 900 roubles reserved from the
recent notes. This does not include the re-
ceipts from the loan. The sum of the Official
Messengers statement is that Russia has
plenty of grain and an abundance of money
ior the time being. This is reassuring to
he Russians who are under the scare of
famine.
ToIstoi Demands Food for the People.
This class includes Count Lyoff Tolstoi,
the Russian social reformer, who has pub
|
ment declare without delay whether the
stock Of grain is sufficient to last through
next summer. Count Tolstoi advocates the
purchase OF corn in America in time to pro-
trct the country from famine and the terri
lie social disturbances that are certain TO
attend such a condition of affairs. Tolstoi
contends, from his own personal calculation,
that the stock of grain will not be sufficient
and the Government replies guaranteeing
enough to feed the people until the next
harvest. If the situation is falsifed it will
lead to 4 revolution, in which Tolstoi says
he will aid.
Count Tolstoi's daughters, Latione and
Marie, have opened free institution for the
famine stricken at his chateau. All those
persons who are in dire necessity here get
good meal, but they are forbidden to take
food away with them, the Count foreseeing
hat if they were allowed to carry food away
they might barter it for drink
the report that Emperor William is going
to ST. Petersburg during the course of the
winter TO intercede with the Gar to deal
more gently with the Germans in the Baltic
provinces is improbable in the face of the
attitude of the Government toward Russian |
finances.