The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-11-17
Austrian Emperor Suggests the
Invasion Of Russia
WHILE CRIPPLED Br FAMINE,
TheUtterance Causes Financial Flurry
and Is Officially Discredited.
Despair Of Starving Russian Peas.ut.-
Government Unable to Feed Them
Austria to Admit American PORK
Republican Reverse in Portu~al.

Sr. PETERSBURG, Nov 16.-The Nor.stn
declares that the financial crisis in Berlin
mas developed political crisis. that the
war party has gained the upper hand and
that the prudent BisnarckIan policy has
peen forgotten in frantic desire to strike
RUSSIA IN moment Of weakness.
vienna, Nov. l6.-At a meeting of the
budget committee today Count Kalnokv
assured the committee that the emperor's
speech referred to by the Tagebtau ought
10 cause no uneasiness; that, although the
emperor drew attention to the contradic-
tlon between the preparations for war and
the talk OF peace, the government hoped
the problem would find peaceful solu-
ton. Referring to Saturdays panic. he
said the public did not take a reasonable
view OF the situation. One serious word
exaggerated to serve private ends was suf-
hclent to evolve an unwarranted panic.
lie announced that the new commercial
treaties would go into operation February
/, 1892. They would be discussed by the
Austrian and Hungarian delegates Jointly.
The Tageblatt today, notwithstanding
the denials of its story published Satur-
day, to the effect that the emperor had
declared the European situation critical.
insists that its report was strictly correct.
Inls report was at the bottom of the panic
on the bourse Saturday. Holders of
stocks and bonds. fearing the emperors
words presaged war, made a wild rush to
sell, and the result was a decline not
equaled In many years. The Abend Post,
having received instructions from the
prime minister. issued a statement de-
claring there was no truth in the Taoc-
btatt's story.
The 1dgeblaH says the language of the
emperor was drawn forth upon the occa-
sion OF an audience granted to the presi-
dent of the Polish Club 1t reiterates that
In the conversation that then took place
the emperor used the words attributed to
him by the Tageblan on SATURDAY., w hich in
substance were that "the famine which
now prevails in Russia has greatly in
creased the chances of war" 80 confident
is the Tdgebtdtt of the reliability and truth
fulness of the person who furnished the
information which had such serious re-
suits that it has asked the public prose-
cutor to make a close and searching in
vestigation as to the truth of the article.
The bourse today was very weak and
unsettled. Large sales were made in
order to get rid of doubtful securities.
Hungarian gold rentes dropped IL per
cent. Although the bourse was weak and
unsettled during the day, the tone became
better in late dealings and the market
closed firmer. Anglo Austrian bank
shares and Hungarian gold rentes closed
per cent down.
BERLIN, Nov. 16.-There were large sales
of foreign government securities on the
bourse here today. the selling being due
to unfavorable advices received from Paris.
There was a general decline In prices.
ranging from u to per cent. Russian
securities were the most depressed.
LONDON. Nov. I6, 5p. m.-The tone of
the stock exchange today has been de-
pressed. Little business has been done.
and the greater portion of this consisted of
bear transactions. Russian securities
dropped one point. South American Sc
eurities, however, are irmer
PARIS, Nov. 16.--The price of shares of
the Banque de Paris ct Des Paws has
dropped 80 francs today. The bourse
opened fiat, Spanish securities dropping
franc. The market later improved on
repurchases.
FRANKFORT, Nov 16.-The stock market
today was depressed. All foreign govern
ment securities dealt In on the bourse fell
u to per cent.
BERNE, Nov. 16.-The manufacturing
town of Winterthur is in a state of finan-
cal panic, owing to the suspension of the
principal bank in the place.