New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-06-19
ROYALTIES IN PARIS.
PROPOSED SAVINGS BANK LEGISLATION
THE NANCY REVIEW.


together. lie has been making rapid circular
tour embracing Vienna, Mona and London, ana
is now back in Paris after seeing Lord Salisbury.
He had his mother with him at Monza and Turin.
whittier he went to make the acquaintance Ok
the widow Of the late Duke Of Aosta. The Prin-
cess Clementine had thought Of her as suitable
person for princess of Bulgaria The Duchess
of Aosta has become a splendid woman.
trimming over with vitality talent and strong
character Comte de Nun, who saw her at Turin,
said that she appeared to him daughter of the
Caesars, and without having regular features.
gloriously handsome. A fellow guest of hers at
the Palace OF Monaco was told by member OF
her household that she is high-sprited In her
pride, but very kind to persons OF humble star
tion She is great reader of newspapers Files
of them were received by her daily when sne
was at Monaco, from Italy, Paris, London ana
Berlin. The Prince of Monaco shocked her Dy
saying that he only read " Le Petit Parsien,' and
for the sake Of the feuilleton novel Inc
Duchess of Aosta is sensible of her great facul-
ties and cultvates them She feels that she y
destined to leave q trace in history.
The little State Of Luxembourg, which Is rep
resented at the Danish golden wedding by tho
Grand Duke, nephew Of Queen Louise, mas oo-
tanned an electoral reform. The electoral quail
In direct taxes This has been lowered to fifteen
francs A clause in the bill forbids candidates. d.
rectly OF indirectly, to give drinks to electors, OF
TO pay them visits There is a special dispense
ton for doctors in well established cases Of illness
Luxembourg has no army and used to pay no
taxes TO speak of in the time when Prince henry
OF the Netherlands was regent. The present Gran0
Duke is of the richest men in Europe ana
spends much more his subjects than they can give
him. His civil list is nominal, and he pays his
diplomatic representatives out of his own pocket.
The people arc as well of as the Monagasques, the
citizens of the Republic of San Marine. or OF the
Republic Of Andorre.
The Savings Bank bill has been before the House
Of Deputies for the best part Of the week. At
tempts made to tnrn the savings hank into
a great loan bank for townships. NJ Leon Say.
as the henchman of the Rothschilds, and Of the
Credit Foncier land Bank, worked in q contrary
direction The Caisse dies CONSIDERATIONS, or Ma
tional Bank for deposits only, holds the colos-
sal sum of 81 100000 for the Savings Bank.
About a seventh of this tremendous sum was de-
posted by poor people, about fOur-sevenths BY
struggling people, and the rest by rich who invest
under false names in the savings to obtain higher
rate of interest than the French consols would
give them and that without the risk of fall in
by the State which, through the Caisse des Con-
sgnations, had to invest all the savings deposited
in the Savings Bank in the 3 per cents or in
Treasury bills. The Finance Minister has always
at hand vast fund by means Of which he can
contract a floating debt at the interest Of 8 2-3
per cent The 3 per cents are forced up artifcally
hy savings bank investments and the money ster-
ized The idea has been mOoted of dividing
the Savings Bank into several loan sections, and
thus converting it into a popular institution OK
credit for wageearners we'll enough of TO Nve
sound security, or to small landholders, and Com
munes The Rothschilds are aghast at this dem
ocratic notion. which Conte de Nun will probably
see his way to take up. 1t is proposed to reduce
considerably the interest on mere deposits, unless
for very triiing sums and to give higher rate
for what is to be placed out on mortgage, or
loans on bills having three signatures. The State
would guarantee such loans, and local councils
would be empowered to look into securities offered.
4 measure of this kind would free the peasant
in hard years from the Insurer. At least, so argue
men outside of the House Of Deputies who SYM
pathize with VI. Pellctan The financial power
of the Rothschilds Is becoming national danger.
They are now pulling hard their political wires
to get the privilege of the Bank of France renewed.
though it has yet five years to rum The Credit
Foncier has been eating into the vitals-namely.
the AGRICULTURAL clas.-of tie Nation. Its shares
and bonds have just undergone great shock.
OWING to NJ. Seigfreid's proposal. But think the
present Parliament 900 conservative and out Of
touch with the working classes to attack the Bank
of France monopoly or the men Of the Credit Fon-
cier
The question Of the review on the Plateau Of
Malzeville near Nancy has given rise to what NJ
Delaroude spoke of in Parliament patriotic in
dignation As always happens when the Presi-
dent goes into the Provinces official tour.
the local authorities at Nancy sketched pro-
gramme Of the fetes which were to have been
given in honor Of NJ Carnot This outline WIS
communicated TO the Elysee. II is usual 70 sub
nit such sketches to the Ministers whom they may
concern This is no doubt more often than NOT
an empty formalty On this occasion, it was
omitted. and the sketch which included a grand
review was posted on the walls of Nancy without
VI. de Freycinrt. the War Minister being
suited Colonel ChamOin. military secretary Of
the President, had been sent to Nancy 10 prepare
lodgings at the Prefecture. and took upon himself
To say that the review was to be retained in the
programme. The Project thought the colonel
was the spokesman Of NJ Garnet, and did not
trouble his own chief, the Home Minister. But
the general in command Of the troops at Nancy
was until recently, chief secretary to NJ. de Frey
cinct at the War Office and holds him in due
reverence. He declared that ne would not COM
ma Nd at the review unless OH a formal order from
the War Minister Braut had had for rival
General Brugere, the head of the Presidents mill
tary household when he was a candidate for the
post he now fills at Nancy. Another Nancy
general, lamont stood by him and declared that
he would not stir step from his quarters with
on, formal order from NJ de Freycnct. Colonel
Chamoin was geratly vexed to have to refer the
matter through General Brugere TO the War Min
lister NJ de Freycinet pretended that he knew
nothing about the matter, and asked for informa-
ton. On being informed he said that the Eyseo
had put it's foot in it and might get out of the
mess as it thought best. This IL why NJ. Garnet