The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-10-29
THE THREE Allied POWERS.
Italy VIII Increase Her n avy and Keep He,
Army Strong.

Italy Will Increase Her Navy and Keep Her
Army Strong.
Copyuigh. 1898. BY the Unitsd Pre.s
BERLIN. Oct 28-The report circulated yes
terday that Emperor William had summoned
the King OF Sa1ony 10 Berlin to consult with him
as to the safety OF consentine to q reduction OF
the army OF one Of the members OF the Triple
Alliance (ltaly) to-day receives an emphatic
denial from the Foreign ONCE. 1t can be said
that all idea of lessenins the power OF the
Triple Alliance. even il the subject had ever
been considered. has been abandoned in face
OF the Cars surrender to the pressure OF his
advisers. upon whom the fervor OF the
French demonstrations toward the Russian
naval officers and toward Russia her.
self has acted like spell. Tho Gov
eminent has Influenced a syndicate Of
German bankers to communicate with the
italian treasury on the best means OF solving
the financial difficulties now confronting the
Italian Government. Directly. the German
Government has had no correspondence with
the italian Government on the subject. but in
directly the Foreign ONCE has been informed
that Italy intends to Increase her naval forces
and retain her present military strength.
For the moment political attention centres
in the crisis In Vienna. The trouble there Is
not so acute as tho public press dispatches
u
Imperial Foreign Minister. who Keeps in
closest touch with the Government at Berlin.
has decided to take three weeks leave OF abb
sence beginning to-day He will 90 first to
Lucerne. then to Lake Maggiore. and thence
to Monza. where he will visit King Humbert.
II Count TaafTe. the Austrian Minister OF the
Interior and author OF the Electoral Reform
bill was on tho eve OF dismissal. or II he was
about to secure an effective triumph CONSOLE
dating his power. Count Kalnoky would remain
In Vienna.
Count Taafre may carry his measure sane
toning the establishment OF a state OF sicgo at
Prague and elsewhere In Bohemia at two sit
tings OF the committee appointed by the
Reichsrath to consider 1t. Heappeared before
the committee at its first sitting loaded with
documents. He insisted that tho uttermost
secrecy be given to the proceedings. as affect
ing the personal safety OF the Emperor and
certain OF the Ministers. No member OF the
committee can be accused OF divulCinG any OF
the proceedings. yet it Is known that Count
Taafre will produce evidence to prove that
Prague is the nucleus Of the plottings against
the Government. in which the Young Czechs.
are involved.
The elections for members OF the Lower
on Monday, are exciting small popular inter
est The Socialists. who had decide to hold
AloOT from the contest, nave entlrely recon
Rtered their position. They will contest tho
Breslau district. and will issue n manifesto de-
claring that the party. In default Of candidates
OF its own will support the candidates Of the
Treisinnige and Peoples PARTIES. Neither the
National Liberals nor the Freisinnige Ttj'eiI,-
iDunO will benefit by the elections. No
where ara the Conservatives finding the anti
Semtes troublesome. They wisely affilnte
and act tremendously. In u number Of dis
tricts the CsDtrists have been weak ened
through the split In the party In Silesia
where a coalition OF Centrists and Poles has
hitherto always kept the Centre party vic
torious. the Poles now have independent can
A forecast OF the result Of the cleo
tion shows that the now Landtag will show n
decrease in the TreiSinnGe and Contrast ele-
m ents and a slight Increase in the Conserva-
tive element.
1t is hold prohabl, that ono OF tho early ef-
fects Of the repeal by the American Congress-
OF the Sherman Silver act will be n financial
crisis In Germany and Austria II the United
States becomes n large importer OF gold Aus
tria's borrowing Of gold for the convcrsion Of
her currency must break down. With the To-
feat OF this operation the present financial
and commercial imitation must collapse. III
nancial houses here hope. however. that the
demand from the United States will @ so met
by London and Paris as to prevent u danger
Gus strain in Berlin.
The Government OF Mexico has been neRo-
tiating for n new loan. London and Amster-
dam houses would have joined Berlin syndi-
cate In taking he loan. but Berlin bankers re-
fused to form the syndicate. No foreign loan
Is possible here at present