Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-11-17
REALLY NO CRISIS.
sgRLlNs BEsr BANKERS BELIEVE
THEIR BUSINESS WELL BASED.
. Natural Reaction from Imitation, and
Sothiug More wss she Recent Isss-
sls-Dassis on 'Change.

8 Soamerfeld, and the bouse OF Wnich
Ne, Mans was the head, and the trouble
.I,sa.ening other houses Of the same cha
,,e,er. the position Of the large banks and
- ,,,na,er financial firms remains solid,
s,1 nubho confidence in the general sitna-
40 N unshaken. The run Of depositors
=, ,he private banks continued eteadfiy
g,,,ino the past week and has boon sccef-
s,.tsf since the surrender OF Herr Mas,
g., tbe money deposits and securities OF
M finds which have been withdrawn from
T.. smeller concerns have been deposited
Si,h the larger 1nancisi institutions.
THE BopMsr LITTLE aATTIixD.
TIN Bourso doubtless experienced = So
,.rs shsk.ng up. not through losses arising
I'm the failures, for the firms mentioned
bsA no large engagements with bankers or
e,s,stors on the exchange, but mainly
Though the reyelsaon OF the naso !, 40,
go. u prosperity which was supposed
~ i. permanent and genuine. IN each
s,,sths collapse affected depositors dealing
S,,,b second. or third-rate bankers, paying
birh rAtSs of interest on their deposits.
Esdsf the prevailing system private banks
80 an doposit shares without guarantee
y, !, IA return the identical stock, butmere-
" al equal value OF the same stock. The
.,.fsm has been repeatedly denounced as
sniinq 70 increase fraud. and the puolic
he, been warned again and again against
.yy.,iDp investments 20 mon able TO use
item in their personal speculations.
NOT SuRPms1so TO THE LEADERS.
The present developments cause no sur
,,iss among the leaders in high fnancia!
s'roles. who have long expected that the
liable" houses would burst.
some firms. Of creator Importance than
.ry one Of those which have collapsed,
e11ing that the run Of the public was
..il,. ,' their existence. havo sub
r,ittsd statements 20 tho large hnanciers,
md are obtaining assistance from them 70
moot the calls made upon them.
TnK NATURAL REACTION.
Naturally, though there is no panic.
commercial depression Is co-existent with
,5s decline OF values on the Bourse. The
period Of general imitation which reached
= climax last year has been succosded by q
o.Srsistent reaction downward. Since this
,,asrt on set in the shares of the DIsconto
Gssellscbaft, q bank of the highest repu-
tstion. have gone down SO per cent, tie
s,ock az the Handel Gesollsohaft has de-
clioed rs per cent, that OF the Darmstadt
rank al per cent, of the Dresden Bank 81
rsr cont. of the Harpener Mine l64 per
cent. OF the Bochum Unon 60 per cent,
md of the Laura Mine, so per cent.
These striking figures carry their Own COM
msnt -. ~
hoe Tealiy been little affected. Since Sat
rTday last the shares of the Harpener
Nine have lost five points and those OF
ihe Deutsche Bank two points, while
Prussian funds have actually scored q
fractional rise. The sum Of the matter ~
hat the business community, though
waiting brighter times, feels assured that
he basis OF the business Of the banks and
bankers Is strong and safe.
ALSO HIGB RoLLKg.
Herr Mass. the self-cOnfessed embezzler,
lived with the same ostentatious eXtraVn-
cameo displayed by Herr Wolf. He had
Two houses. one at Charlottenburg and q
snlendid residence RtSwInemunde. He en-
RETAINED extensively, and his grand wine
parties and banquets were the subject OF
much comment.
AS usual in cases Of the kind. the cry is
raised by certain journals that the Gov;
eminent ought 10 interfere as speclal
provideuce for investors. The GeTn1dntd
Ssmnnds that the Government shall as
sume the supervision and regulation OF
dealings on the Bourse, The Rre1z zeitt,'g
declares that half the banks in Berlin are
rotten, and urges the Government TO lnsti-
tute sn inquiry into their condition.
A BAvARIAS PROTEST.
The Municipal Council of Munich has
questioned the Burgomaster OF that city
hs 10 the truth of the report that EN-
poror William, on his recent visit TO hlu-
MICH, inscribed his name in the Golden
Book OF the city, adding the words =" ST.
prsu,a Ter Regis Vohmids.n The statement
vas admitted TO DO true by the Burgo-
master.
1gainst the assumption by his Majesty OF
prsrogatiyes never conceded to Bayerian
sovereign, and the organs OF the tLeis-
,ipige party profess 10 find in the incident
an ilustration of the despotlc ideas Of the
Emperor, which contact with Parliament
must correct,
The ReIchstag will resume its sittings
on Tuesday next. The report that Prince
bismarck had taken up his residence ia
RrrIin for the session of the Reiohstag is
untrue IL is not yet known when the
Prince will appear in the House. His
health requires careful attention, and he
will undertake a parliamentary campaign
only when assured of his ability TO do
o. by his physicians.
ALIBEL on AMERICA.
An official inquiry INTO the report that
tmerican pork infected with trichlnm had
1een imported into Dusseldorf brings out
the fact that the diseased pork did not
bear the STAMP Of American inspection.
Consequently there will be no interference
With the admission of American pork the
healthy condition of which hes been pro-
perly certified 70.
and Miss Ida Green, who have been suing
a l. ,f Of a RaTnFa HaTmH.
kow. has lust been decided in favor OF
the claimants. Miss Green. tho courts
decide, is entitled 10 call herself the
baroness Won Barnekow and receives the
Whole of the Baron's property after his
debts are paid.
AN AMKRIoo-0ERMAN ROMANCE.
Years ago Baron Kiell Won Barnekow, an
officer OF the German army, after life OF
dissipation, fled 20 America, aud after
varied career became runner for hotel
IN san Francisco under the alias OF Fred
Green. While employed N this capacity
he became acquainted with girl named
Galigau. The couple lived together,
though not legally married, but after the
birth OF daughter the Baron yielded to
the importantly of the girl and married
her, thereby. under the laws OF Califor-
nla, making his daughter, though born out
OF wedlOek, his LEGAL issue. The Baron
soon resumed his dissipated life. neglect
inc and finally DESERVING his family. His
wife applied for and was granted
divorce. Baron Won Barnekow
subsequently returned 20 Germany,
falling heir TO the family title and estate.
without obtaining a divorce he married
again. In 1887, year before his Califor-
ma vito obtained her divorce. the Baron
died. His second marriage was naturally
Illegal Without knowing that her hus-
band was dead Mrs. Green obtained dl-
yorce, aud later on married a sailor named
Robinson. sister of the Baron. Countess
Won Moltke, wife OF major in the army,
near relative OF tho field marshal, sus-
pectlng the truth instituted a search,
which resulted in the finding of the for
nor wife and the child OF the Baron, and
led TO the establishment Of their claims as
the legal heirs 10 a large, though heavily
encumbered, estate.
ANOTHER TRIUMPH FOR AMERICA.
The War Department has concluded its
experiments with American corn. and has
decided 20 recommend theuse by the army
OF bread made Of equal proportions of
corn and rye II is believed that the De-
partment OF the Interior win follow this
example.
Hon. William Walter Phelps, the Amerl-
can Minister here. anticipates that in con-
sequence OF this decision the German
markets will DO thrown open for the adj
mission az MANY s,aflitnoa ~ hoahalo ~