The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-12-23
CANADA rs CHOSEN.
TIMES SAYS SHE IS NOW HUGGING
MOTHER ENGLAND.
Berlin and Rome-Some Peculiar
Propositions.

LONDON, Dec. 22.-The Times this
morning prints a whole page of tele-
graphic dispatches ON the subject of
Venezuela. A dispatch from ottawa
says:
One result Of the war scare will he
the thorough equipment of the Cana
diam forces. The country will not be
satisfied till all are armed with Lee
Metford rifles. 1t is gratifying to note
the scare seems to have drawn Cana
da closer than ever to England Ev-
eryW'here the firm determination is
proposed to hold by the old flag, come
what may.
A Vienna dispatch says President
Cleveland is in no small measure re-
sponsible for the ruin of hundreds of
capitalists in Austria. The Turkish
and Abyssinian troubles had shaken
the Vienna money market to it's found
alton, but the New York panic gave it
it's coup de grace from which it will
take months to recover. In Saturdays
panic on the bourse prices receded by
leaps and bounds till they reached a
figure lower than for years past. The
Austrian credit mobilier fell 10 florins:
the Hungarian credit mobilier 26 and
the Austrian state railways 20 from
Fridays prices. 1t is impossible to eS-
innate, even roughly, the consequences
of the panic.
The Berlin dispatch says The tidal
wave of financial panic which has
rolled across the Atlantic for the past
two days had not spared the Berlin
bourse, which was i'm a state of fever
ish excitement ON Saturday, speculative
securities declining 10 per cent. The
| Bourse Courier merely reflects the
temper of the financial circles here
when it describes President Cleveland
! as specializing by his wanton provoca-
! ton of England ON the meaneSt form
of national feeling.
1t is argued that a country which on
] the first appearance of a war cloud
suffers losses according to one estimate
| from New York, equal to the whole of
the war indemnity which France paid
/ Germany, is not in q position to
wage war, especially upon such a
trumpery issue There is little incli-
nation here to take up an American
| loan, while Paris cam scarcely meet
the requirements of its old clients i'm
Turkey and Spain. The want of money
| it is true, never yet prevented coun-
try from going into war But seldom
does the decision rest SO largely as In
America with the class whose peculiar
interests are so largely at stake. On
that tine magnitude of the losses al
ready sustained, will induce a feeling
of desperation, and there are many
business men who still remember the
enormous fortunes made in America
during the civil war.
The dispatch from st. Petersburg
says 1t is easy to see that the Rus
slams cannot help showing satisfaction
at the serious turn the dispute has tax
EN-.
The Nova Vremya is at no pains tt
hide it's own animus towards Eng
land. 1t declares that Lord Salisbury
has already radically changed hi
eastern policy by positively refusing
any further support to the Armenian
situation ON the ground that EUROPE
does not sympa thize with Armenia.
The dispatch from Rome says: Pub
lie opinion is unanimous against Pres
ident Cleveland. The financial pani
had no perceptible influence here.