The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-11-15
BANKS IN GERMANY
There Has Been a Great Depreci-
alton in Their Stocks.
THE THEORY OF DIVINE RIGHT
The Emperor Writes in the Munich Golden
Book that the Supreme Law is the
VIII of the King

BERLIN, Nov. IL Copyright, 1891, by
the New York Associated Press. Despite
the excited articles which recently ap-
peared in the newspapers proclaiming ii
financial crisis here, no crisis exists, and
Notwithstanding the failure of three firms
of private bankers and trouble threatening
other houses of the same character, the
position of the large banks and the greater
financial firms remains solid. The Bourse
doubtless experienced a severe sinking up,
mainly through the revelation of the
''fash'' nature of prosperity which was
supposed to be permanent and genuine.
The present developments cause no sur
prise among leaders in high financial cir
cles, who have long expected the ''bubble''
houses would burst. Some firms of great
Importance, finding runs threatening their
existence, have appealed to the large fnan-
ciers for assistance. Naturally, though
there is no panic, commercial depression is
co-eXistent with decline of values On the
bourse.
The period of general inflammation
which reached its climax last year has been
succeeded by q persistent reaction down
ward. Since the reaction set in shares of
the Dlsconto Geselleschaft, a bank of the
highest repute have declined So per cent
the Handel Gesel!esChaft 70 per cent; the
Darmstadt bank 81 per cent; the Dresden
bank Of per cent; Par Pever Ga per cent.
Bochum union go, etc. These striking fig
ures carry their own comments, but the
business community feel assured the basis
of the principal bank is strong. AS usual
In cases Of this kind cry is raised by GER
tain journals that the government ought to
| Interfere. The kTeliz Zcttuilg declares that
most Of the banks in Berlin are rotten and
urges the government to institute an in
quiry.
The municipal council of Munich has
! questioned the Durgomaster of the city as
TO the truth OF the report that Emperor
William on his recent visit to Munich in
scri5ed his name in the golden book of the
| city, adding the words, "Suprenlu ler. regis
| U0tuAtts." The statement was admitted 10
be true by the burgomaster. The Bavari-
ans protest strongly against the assump-
ton by his majesty Of prerogatives never
conceded TO Bavarian sovereign, ard the
| organs of the treissinge party profess to
IND IN the incident an Illustration of the
despotic ideas of the Emperor which con-
tract with the parliament must correct.
| The relchstag will resume sittings on
! Tuesday next 1t is not yet known when
Bismarck will appear. His health requires
careful attention and he will undertake u
parliamentary campaign only when as
sured OF his ability to do SO by his physi-
clans.
Official inquiry into the report that
American pork infected with trechinae had
| been imported into Dusseldorf, brings out
| the fact that the diseased pork did not bear
| the stamp OF American inspection Conse-
! quently there will be no interference with
the admission of American PORK, the
healthy condition of which has been pro
perly certified to.
The case of Mrs. Catherine Robinson and
| Miss Ida Green, who have been suing for
the estate of the late Baron Won Baruekow,
has been decided III favor of the claimants
| The court decided Miss Green is entitled
| TO call herself Baroness Won Barrekow and
receive the whole of the baron's property
| after his debts are paid.
| Years ago Baron Won Barnekow, an OIL
Ger of the German army, after life of
dissipation, lied to America, and after
varied career, became a runner for no.
! tel in San Francisco under the alias OF
| Fred Green. While employed in this ca
! pacity he became acquainted with a girl
named Galligan. The couple lived to-
gether, though not legally married, but
alter the birth of a daughter the baron
yielded to the importantly of the girl and
married her, thereby, under the laws of
California, making the daughter, though
born out of wedlock, his legal issue. The
baron soon resumed his dlssipated life,
neglecting his family aud finally deserving
them. His wife applied for and was
granted q divorce. Baron Won Barneknow
subsequently returned to Germany falling
| heir to his family title and estates With
out obtaining a divorce he married again
in 1887. A year before his California wife
obtained her divorce the baron
died. His second marriage was naturally
Illegal Without knowing her husband was
dead, Mrs. Green obtained divorce aud
later on married a sailor named Robinson.
| A sister of the baron, Countess Won Moitke
wife of major III the army and q near
relative of the field marshal, suspecting
the truth, instituted a search which re-
suited in finding the former wife and child
of the baron, and lead TO the establish
menJ Of their claims as the legal heirs to a
large, though heavily encountered estate.
The war department has concluded its
experiments with American corn and de-
cided to recommend the use by the army of
bread made OF equal proportions of corn
and rye 1t is believed the department of
the interior will follow this example. The
American minister Phelps, anticipates in
consequence of this decision the German
markets will be thrown open for the ad-
mission of many million bushels of Amer
lean grain.
Prince BlSmarck passed through Berlin
to might on his way from Varseen to
Freiderichshrue. a large number of
princes and admirers were in waiting at
the station, and when the train arrived
pressed around aud gave the ex-chancellor
a hearty greeting. Prince Bismarck sa-
luted the crowd and shook hands with
heartiness with those near enough to reach
his extended bands. AS the train pulled
out the crowd said, deutschland weber
allies" and shouted, "Come back 20 Berlin
come back to the reichstag."