The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1891-08-27
BERLIN SENSATION.
The Ukase Forbiding Exports From
Russia


BERLIN, August 12-The ukase for
bidding the export from Russia OF rye
and ryemeal of every kind and brand,
which was published in the Official
Journal at St. Petersburg yesterday has
created an enormous sensation III this
city The ukase came as q complete
surprise to the dealers in grain here.
There is no doubt however, that the
Russian Government has forbidden the
export of rye and ryemeal. rs the princi
pal merchants here have received specs
ial kilograms confirming the first pub
lished dispatches announcing prohibit
ton. The only point of difference in
public and private dispatches is in re-
gard TO the date on which the prohibit
ton will go into effect. Several OF the
earlier dispatches of Yesterday stated
that the ukase would take effect immedi-
ately, while later kilograms announced
that the prohibition would not be en-
forced until August 81.
This short respite afforded great re-
lief. The influence of this action on
the part of the Russian Government
was Immediately felt on the Bourse
here The effect was to generally de>
press prices, although values did not fall
as low as was expected they would. as
many of the leading brokers had receiv>
PRONUNCIATION of the decree.
Although the official announcement
made in st. Petersburg on Monday last
that the Government intended to take
measures to prevent spectators from
sending grain from this country had
prepared the merchants here for the
imposition of some restrictions upon the
export grain trade of Russia nothing
like the total prohibition OF particular
grain was ant icipated.
Herr Richter and the Radical press
have seized the occasion to advance
their theories of political economy, and
this morning the papers OF the Radicals
abound with articles summonlng the
German Government to remove the du-
ties on grain, and thereby, to some ex-
tent, allow the substitution of some 9TH
er grain for rye, which is the principal
sustenance of the poor of Germany.
One effect of the ukase has been to
raise the price of rye almost to the price
of wheat. The newspapers recall a
number of occasions when they APP
pealed to the Government to re-
duce the import duties on grain in the
face of continual advance III prices and
the gloomy harvest prospects. They say
it is now almost too late to avoid the
distress that will follow the short Gers
man crops but urge that the removal of
the duties on grain will help to mitigate
the sufferngs of the poor Chancellor
Won Caprivi is deaf TO all the appeale
made to him to remove the grain du-
ties.
1t is understood that he is resolved TO
stick to his guns until the commercial
treaties of Germany with Austria, Hun
gary, Switzerland and Roumania are ad
justed. and that he will not entertain
any proposition looking to the aboli-
ton OF grain duties The full effects of
the Russian measure will not be felt for
several days. Rye Imported by Gerna-
ny from Russia cannot be replaced by
rye OF any other country.
A further and rapid increase in prices
of breadstuffs must be expected. This
will greatly strengthen the agitation
conducted by the leaders of the Freis-
SHINING party, and promises to augment
the opposition to the Government. Rus
sian finances will also suffer from the
prohibition. They are already III a suf-
fciently precarious condition. especially
liter Russia futile attempts to negoti
ate foreign loans
LONDON, August 12-The English
newspaper press is much disturbed oven
the announcement that the Russian
Government has decided to prohibit the
export of rye. The general feeling is
that although Great Britain will not be
;-ffected to such an extent as Germany
md Auctria oh will ;nayita IA St,ffar IL