The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-03-18
POLITICS ON TIE RHINE.
The New Treaty With Russia Ratified
BY the ReiChStag.

The Conservatives Very Bitter Over
the Governments Victory-An In
crease in the Export Trade Expected
to Be the First Effect of the Treaty.
The Fight over silver.
Copyright, 1894, by the United Press)
Berlin. March 1.-THE ratification of
the Russo German treaty by the reich
stag has left the government complacent
and the conservatives bitter. The men
who led the opposition in the fight against
the new grain tariff do not acknowledge
that they have been permanently de
feated, but threaten ultimately to bring
the chancellor to terms. They began
balancing accounts by amending the
minor budgetary proposals in nearly
every parliamentary sitting.
MIQUEL's SCHEME A TARGET.
The most conspicuous target Of the de-
feated groups is undoubtedly DR. MIGUEL s
scheme of financial reforms. The fate OF
this scheme IS now more uncertain than
ever. in view Of the fact that the pro-
posed tax on checks and receipts has
been condemned in the parliamentary
committee by vote Of 10 TO o. 1t was
supposed that whatever might betall the
rest of the scheme. this tax would nave
a fair chance of acceptance, notably
in comparison with the wine and
tobacco taxes. The friends Of the gov
eminent admit that the action Of the
committee augurs i'll for the whole re-
form. OF all the opposition the titled
conservative land owners sulk most per
sistently. They seem little disposed to
give way to the Establishments of
the emperor and DIR. MIGUEL and
Al F5..v,a al oil Of pfniY
ing the chancellor against the radicals
and social democrats. With the conscrv-
atives, however, the whole financial
scheme must be recast or thrown over,
and the imperial treasury must be left in
its old condition of dependence upon the
federal states.
EFFECT OF THE TREATY.
The immediate effect of the new treaty
will be to boom the export trade, which
has been always stagnant since the be-
filming of the tariff war last summer.
Already signs of activity are shown in
the industrial centers and ports most
deeply interested in the Rus
sian markets 1t was expected
that the borse would benefit
largely. The predictions of heavy deal
ings in Russian securities have not been
realized. On the contrary, there has
been a strong reaction on recent pur-
u
cradle business will be possible before
the Reichstabank obtain a decree can
ceiling the Old Bismarckleu prohibition Of
advances on Russian loans.
THE MONEY STANDARDS.
The battle of the money standards
is likely to be resumed in both
landtag and reichstag immedi-
ately after the Easter recess
The text of the debate in the reichstag
no EbapEaI11~ ffDr,piyri'g n
nouncement that the government intends
TO make a new issue of 2,OOO,0O0 marks
in silver. Herr Won kardortf and Count
Won Mirback, in the reichstag, and DR..
Arndt, in the rantag will lead the attack
of the bi-metallists upon the chancellor
and his proposal They viii oppose the
bill on the ground that the issue should
not be made before the silver commission
finish their inquiry and the silver market
shows some signs of returning sta
bility. They say that under the
existing currency laws of the EN-
pire. such an issue would have
little or no effect upon the price
of silver and would only complicate the
whole question. BY the law of 1874, the
amount of silver money in circulation was
liked at ten marks, or about $3.50 pei
head OF the population. At the present
time 1852 ,000. 600 marks are in circulation
The chancellor's plan is TO coin the new
issue out Of old thalers, thus
raising the amount in circulation
to 4S4, 100000 marks for more
than 50,000,0J0 population Even then the
silver money per capita will be below the
sum authorized by law. The conserva
tives and free conservatives have greatly
strengthened the bimettalists and the
ment is showing unwonted power anC
activity.