New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-11-15
NO CRISIS IN BERLIN.
PUBLIC CONFIDENCE IN HE GREAT FINAN'
CIAL INSTITUTIONS UNsHAKEN.
A DECLINE OF VALUES on THE BoURsE. Ho"
EyER-TuF COMING SESSION OF THE
REICu:TAG-AN AMERICAN HEIRbss

EEJCII-TAG-AN AMfkltNN
TO A BARoNY.
copvytgb., 1891 By The Ee,g. York Assoeated Pre-"
Derln Nov. 14-Despite the excited articles which
have recently appeared In the newspapers proeiA'uH
a financial crisis here, no crisis exists anu hoV"
standing the failures Of the private bankeiS Hiisch'ea
g. Wolff Frledlsnder & Somrnerfeld. and the house OF
which Herr Mas the head, and the trouDle tnrvat
enng other houses of the same character 'he posuo"
OF the large banks and Of the greater financial hrs
remains solid and public confidence is unshaken Inc
run OF depostors the private banks continues sesa
iIy during the week. and has been accelerated SINCE '"e
surrender OF Herr Mas but the money deposits anu
scurities Of oil kinds which have been withorawh iV
the smaller concerns have been deposited with the
larger ones.
The Bourse doubtless had severe shaking up mol
through losses arising from the fauresfor the firms
mentioned had no large engagements with bankers OF
operators Oh the Exohange-but mainly through the
revelation of the real nature OF prosperity when iad
been supposed to be permanent and genuine In e1ch
case the collapse affected depositors dealing with
second or third rate bankers, paying high rate OF In
terest Oh their deposits Under the prevailing
system. pravate banks take on deposit shares
with guarantee to return not the idenueai
stock but merely equal value of the same stock
The system has been repeatedly denounced, US tending
to encourage fraud and the public has been warned
over and over against ntrusting investments to men
able to them in their personal speculatlohs' Inc
present Developments cause no surprise among Tie
leaders in high financial circles. who have long ex-
pected that the bubble houses would burst
Some firms, OF greater Importance than any whlch
has vet collapsed finding that the OF the public
was threatening their existence have submitted state
mens to the larger hnanciers. from whom they are
obtaining assistance In meeting the calls made upon
them
Naturally, though there is no panic. commercial
depression Is coexstent With the decline oil values on
the Bouse. The period OF general lnhaton, WHICH
reached climax last year, has been succeeded by
nersistent reaction downward. Since this reaction
set In shares of the DiscontO Geselscaft, bank OF
the highest repute have gone down SO per cent; the
stock OF the Handel Gesellscha has declined 15 per
cent that of the Darmstadt Bank. 81 per cent OF the
Dresden Bank "a per cent: Of the iarpener Nine loA
per cent OF the Bochum Union GO per cent ana OF the
Iahra Mime 50 per cent. These striking figures carry
their own comments
During the week Just ended the Bourse has really
been little affected. Since last Saturday shares OF the
arpener Mine have lost FIVE points, and those OF the
peutsche Bank have fallen of two points; while
Prussan funds have actually scored fractional rise.
The sum OF the matter Is that the business COM
munity though awaiting brighter times feels assured
that the basis of the business banks aud OF the bankers
Is strong and safe.
Herr Mas the sefconfessed em6czzler. lived with
the same ostentatious extravaganza had been dis
paved by Herr Wolf. lie had two houses, one at
Charlottenburg and the other at swinemunde. lie
entertained extensively and his grand wine parties and
dinners were the subject OF much comment As usual
in cases of the KIND the Cry is raised by certain
Journals that the Government ought to intervene as
special providence for Investors. Tie "Gerinanla"
demands that the Government shall assume the super
vision and regulation Of dealings the BONUSES. The
Kreuz Zeiung' declares that half the banks in Berlin
rotten, and urges the Government To institute an
inquiry Into their condition.
THE KAISFR,s DEsPoTIC SENTIMENT.
The Municipal Council of Munich have questioned
the burgomaser of the city 10 the truth VI the re-
port that Emperor William on his recent visit to
Munich inscribed his name in the Golden Book OF
the city, adding the words "Suppma lex regis VIOLIN
tas. The statement admitted to be true by the
burgomaster. The Bavarlan press protests strongly
against the assumption by the Emperor OF preroga-
tves never conceded to Bavaran sovereign, and the
organs OF the Freslnnge party profess 10 find In the
incident an illustration OF the despotc ideas OF the
Emperor, which contact with Parliament must correct
BUSINESS TO COME BEFORE TIE REICHsTAG.
The Reichstag will resume It's sttings on Tuesday.
The report that Prince Bismarck had taken mp his
residence IN Berlin for the session OF the Rechstag
is untrue II is not yet known when the Prince will
appear Ia the House. His health requires careful
attention. and he will undertake parliamentary cam
ability to do As the business OF the
session shall have been opened the Socialists VIII
call ND the matter of the imprisonment OF Deputy
schmidt by tie Chemnitz Tribunal. The allegation
will be made that the action OF the Tribunal con
stutes a violation of the law insuring to members
of the Rechstag immunity from arrest during the
session of that body The commission appointed to
consider the best method to be adopted Tor the
lessening of drunkenness will not report until after
tho Christmas recess,
THE DISEASED PORK WAS NOT STAMPED.
An official inquiry into the report that American
pork infected with trlchinae had been imported into
Dusseldorf brings out the fact thai the olsehseo
pork did not bear the stamp OF American FSpectlon
Consequently there will be Interference with the
admission of American pork the healthy condition Of
which has been properly certified to.
INHFRITTN NC GERMAN BARON'S EsTAIE.
The case OF Mrs. Katherine Robinson and Miss Ida
Green who have been suing for the estate Of the late
Barov Won Barnebow has Just been decided IN favor OF
the claimants Miss Green. the courts decide, Is en-
titled TO call herself the Baroness Barnekow and
receives the whole of the Barons property. after his
debts are paid. Years ago Baron KEEL won Barnekow,
an officer of the German army. after life of dissipa-
iion ned TO America and, after varied career, be-
came q runner for hotel in san Francisco, under the
mime of Erred Green While employed in this
copacitv he lived with a girl named Gallgan. After
the birth OF daughter the Baron married the woman,
thereby under the laws OF California, making his
daughter though born out OF wedlock his legal ssne.
The Baron soon resumed his pated life neglecting
and finally deserving his family His wife obtained
divorce Baron Won Barnekow subsequently returned
10 Germany, and lei! heir to the family title and
estates. Without obtaining a divorce, he married
again In 1857. year before his California wife OBJ
tanned her divorce. the Baron died. Without knowing
that her husband waS dead Mrs Green obtained a
divorce and afterward married sailor named Robin
son. sister OF the baron. Countess Won Moltkc.
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