New-York tribune., 1895-06-16
HAS GERMANY BEEN DOFED'
HER BANKERS SEE RUSSIAN DUPLIclTf
IN THE CHINESE LOAN

o,,, ,,.r rpr,sr-py OF THE CZAR WOULD CAN
cr, ,vnrRTEpNEss-A FOR THE
GREATER LoAN-A DEAL WITH THE
BANK or FRANCE.
por,,r June 1.-the Government. desiring
oxorvtbinp 70 60 on sweetly during the kiel re-
ceptions. the semi-oficial press remains unih-
spired as to the question how to deal with 'he ue
velopcd aspects of the undoubted alliance between
France and Russia. The German RANKING n'i"s
having intimate relations with the Far East nave
learned upon indisputable authority that the NUE.
sian Government advanced to the Government d'
Pcklng during the time that the "af pe'"o0''
China and Japan was progressing various SUMS Vi
money. aggregating a sufficient amount 20 cover
the loan OF FIG 100000 which the ST. Peterspuis
Government guaranteed 1t Is alleged mat upon
the first occasion Russia advanced to China
IS 900 600 and shortly afterward t3oOoooo' foiio"-
ing these loans with smaller sums, which make 1t
appear that the so-called Chinese loan raised III
Paris is merely n cancellation In roundabout
,ay of the indebtedness II China to Russia
The pretty fully verified news that the st.
Petersburg Government has for the past SIX
months been conducting transactions in an un-
dcrhand way with China has greatly added 10
the irritation which is felt In Government as
well as in financial circles here. This feeling Is
especially strong among nnanciers. who have
been awakened to consciousness that they have
been duped and befooled into a long and use
less series of negotiations with Paris. Pekng ana
ST Petersburg capitalists and bankers In regard
To- the loan which France and Russia eventually
captured and the result is that Berlin bankers
and for that matter the Berlin Government en-
tcrtain a feeling of keen resentment.
Tho Russian National Bank. which has taken
fe. 900 600 of the Chinese loan. has been sounded
hy the Berlin Discontc Geseschaft upon the
question Of floating some OF the new issue III
Berlin and has received categorical refusal To
cofnnlv with the requests made although the
Comtpir Dcscompte Of Paris, which is intimately
connected in "A business way with the Dlsconte
Gesellschaft recommended to the Russian house
that the German banking association be- al
lowed to Join with view of abating the
feeling of soreness which prevails here the chi
ncse Embassy was inspired yesterday To make
an explicit contradiction of tn" allegations that
any financial advances had been made to China
Ly Russia during the progress II the China-Jap-
ancse
Th. Hamburg Correspondent" tho only semi
official Journal that Is ouispoken on the subject.
declares that the Russian coup Will undoubtedly
cause a fc"ling of lack of confidence among the
Powers. which VIII be- as lasting as 1t VIII be DIS
agreeable
Tho "Nossischc XcItung' assails Chancellor Won
Uohcnloh" vigorously for his inaction In taking
advantage of circumstances to advance the for
cgn position of Germany. II Prince Bismarck
were in power. the "Zetung' says. Germany
would never have been so deceived as she has
been In connection with the recent events in the
Far East
The "Krcuz Zetung' urges tho Government T.
make secure Gcrmany's hold upon desirable
post I'm the North of China. "a tho basis of a Ger
man ground from which the movements OF Russia
can b" closely watched.
In regard - thc greater Chinese loan which the
p.rn -Vn iir1ie is trying to noat to the exclusion
81 Russia and France. II may be said that the ne
g1taii,ns ar" progressing ,avorably. and that the
London hnanc!ers are wholly I'm sympathy with
tho capitalists x Berlin. The outlook now is that
the German syndicate Will control the great loan
from sheer force ~ circumstances
London June 1.-THE Rothsch!l1s II Paris in
concert with the London lrm refuse 20 touch the
Rusro-Chinesc loan. Sun. the strength ~ the
French syndicate SO assures public confidence in
Paris that there have been dealings in the loan
there at Pr francs premium on whatever the
Issue price may be- The Boursc Committee has
forbidden premium operations on the ground
that the loan has not y't been officially an
noaucei but the Coul.sse continues It's premium
dealings The "Statisi" of THIS city contends
that English Investors are well out ~ the hus!
ncss. the political lesigrs behind th" loan max
Ink II risky while British trade is certain To
benefit hy The Chinese expenditures
Russia has effected another clever stroke with
N. Bank - France. which has agreed 20 re-
cclvr Russin bonds and issue them against
Bank Il France certificates Tho Russian Treas
ury thus receives tho ail-r 1worfu! support of
the Government bank. and through its medium
VIII be able 10 piac" Russian stock all over
France. Nothing has ben heard ~ "A Russian
return for the concession except an order that
the Bank of Russia shall accept French bank
notes as equal to gold throurhout Russia.