The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-11-22
IN FINANCIAL
DIFFICULTIES.
Russia RetaliateS on German
FinancierS.
rhe Cars UkaSe Issued as a Measure oil
Self Protection Official Filal-
clal Statement.
copyrighted, 1891, by the New York Associated
Press

BERLIN, Nov. 2l.-Ths newspapers Of
This city tonight associate the Russian
uksse prohibiting the expectation of wheat
and wheat products with the failure of the
Overtures of Vishnegradsky. the Russian
Minister of Finance, to Berlin fnanciers to
reopen the German market to Russian
loans. The financial houses have again
been in consultation with the Government,
and the Kreuz Zeitung states that this time
the Government has definitely intimated
that the guarantee offered by Russia did
not suffice to justify an official approval Of
German credit being ventured in its loans.
1t is understood that the diplomatic ap-
proaches through Count Won Schouvaloff,
the Russian En- basssdor. received an
equally decisive rebuff The fasco which
the French syndicate made Of the last Rus
alan loan has enormously increased the
financial difficulties of Russia. Vishneg-
radsky has been forced TO relieve the syndi-
cate of es.0O0,0U0 out of the $4,000. 600
offered. The public official denial that the
Rothsehilds have taken over e5, ,O00, 900 is
partly true. Bonds amounting 10 es, 0O0, 900
have been placed in the RothschiIds' keep
ing, with no responsibility attached to their
future issue through the firm, aud the
French syndicate is relieved Of the burden
of ST, 0Oo, 600, which the Russian treasury
hoped tG receive. Thus Russia, instead of
having realized 6.OOO. 600 on the loans, OBJ
tains only 100000. The refusal OF the
German vernment TO permit the bankers
t. bolster up the Russian credit ends for q
long time to come the chances Of Russia bor-
rowing money abroad and strengthens the
chances of peace.
CONDITION OF RUssIA's FINANCES.
The statement published by the st
Petersburg Official Messenger on the con-
dition of the imperial finances and its re-
latiOn TO the famine, was telegraphed here
tonight as an authoritative declaration
aiming to minimize the dangers of the sltu-
alton. The statement begins by announc-
ing that the stocks Of grain after the prohi-
btion OF the export will be sufficient for
the population until the next harvest. AS
tie people in the agricultural districts de-
pend on the sale of grain they will find the
position embarrass sing, and the Government
has therefore assigned TO them 10000 90
roubles from the cash reserves in the Treas
ury. These reserves amount TO 10000, 600
roubles, which sum is sufficient to meet the
redemption of the debt for the current
year and all expenditures, and stilI.leaVe
cash balance Equal to the needs of 1892.
RUssIA's GOLD AND GRAIN.
1t is denied that there is any likelihood
that the Treasury VIII be required to pur-
chase gold abroad uniess such a course is
necessitated by the flowing back of Russian
securities to Russia. The gold reserve
ury and 120, 100000 roubies in the Imperial
Bank, besides 1900, 600 secured by the re-
Gently issued provisional credit notes. These
totals do not include the receipts from tile
last loan. The sum of the Official Messen-
ger statement is that Russia has plenty of
grain and an abundance Of money for the
time being. This is reassuring to the Rus.
slams, whoi are under a scare of famine.
This class includes Count Tolstoi, the great
social reformer, who had published an en-
ergetc demand that the Government de-
clare without delay whether the stock of
grain is sufficient TO last through next sum-
mer. Count TOlstoi advocates the purchase
of corn in America in time TO protect the
country from famine and the terrible social
disturbances certain 10 attend such q cOndi-
tion Of affairs. TOlStOi contends from his
own personal calculation that the stock of
grain will not be sufficient, and the Govern
meDts reply guaranteeing enough to feed
the people until the next harvest, if falsi-
fed, will lead TO a revolution in which Toll
stoi says he will aid. Count TOlstOfs daugh-
tiers have opened free refectory for the
ldmlue-SLIlcken usdI MS Chateau.
HATRED OF GERMANS.
fresh instance Of the hostility enter
tanned in St. Petersburg for the German
element has been given. An order was is
sued to-day forbiddng persons 10 practice as
lawyers in the Baltic provinces unless Of
Russian extraction. Many Germans are
thus debarIed
BERLIN GOSSIP.
Emperor William gave a state dinner to-
night in his new palace at Potsdam in cele-
bration of his mothers birthday.
Nelson z. Cook. who claims to represent
Boston newspaper syndicate. was ar
rested here and claims trial. He is charged
with fraud by the proprietOrs of the Pfaff
Minerva Hotel, where lie lived for month
without any financial resources. Cook
states that he started from Boston with l
cent in his possession to work his way
around the world.
Mark Twain" to-day gave luncheon to
Mrs. General Hancock, Hon. William Wal
ter Phelps, the American Minister, and
other notable Americans.