St. Paul daily globe., 1895-12-23
MORNING, DECEMBER %, 1895.

that the scare seems to have drawn
Canada closer than ever to England.
Everywhere 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 toAits founda-
tton but the New York panic gave its
coup de grace, from which it will take
months to recover. In Saturdays
panic on the bourse prices receded by
leaps and bounds until they reached a
figure lower than for years past. The
Austrian Credit Mobilier fell 10 forms,
the Hungarian Credit Mobil.er 26 and
the Austrian state railways 20 from
Fridays prices. 1t is impossible to es-
Innate even roughly, the consequences
of the panic.
The Boersen Courier merely reflects
the temper of financial circles here
when 1T describes President Cleveland
as speculating by his wanton provo
cation of England ON the meanest
form of national feeling. 1t is argued
pearance 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 a position to wage war, eS-
pecially on such trumpery issue.
There is little inclination here to take
up an American lean while Paris can
scarcely meet the requirements of its
old clients in Turkey and Spain. The
want of money, it is true, never yet
prevented a country from rushing 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 the other hand,
fears are expressed that the magnitude
of the losses already sustained will in
duce a, feeling of desperation and thsre
are many business men who still re-
member the enormous fortunes made
in America. during the Civil war.
The ST. Petersburg dispatch says: 1t
is easy to see that the Russians can
not help showing satisfaction at the
serious turn the dispute has taken.
The Novoe Kremya is at no pains to
hide it's real sentiments and animus
towards England. 1t declares that
Lord Salisbury has already radically
changed his Eastern policy by posi-
lively refusing any further support to
the Armenian agitation on the ground
that Europe does not sympathize with
Armenia
: The dispatch from Rome says: Pub
lie opinion is unanimous against Pres
ident Cleveland. The financial panic
ho n rno,~oa-.fiIla inf,
BRITISH DOGGEREL.
]. Sir Lewis Moore sends half-column
poem to the Daily News entitled Ar.
menia, America, December, 1895" The
poem pictures desolate Armenia turn
ing to England for help, and then pro-
ceeds: ii' cz
Now at the moment when our En-
glands arm ~
Should save the innocent from deadly
To cripple, her for some mean, serdid
aim;
Some lust for gold or place.
! Sure twere the very irony of shame,
The debt of deep disgrace. ce.z-a--zL----
ut then proceeds to-reproach the great
home of freedom in the West for stay
ing England's arm. He then contin-
'ues.
Forbid it, Heaven; it's crime!. 'Tis
worse than crimeI
To dream. This villainy. The des-
>. pots cloak
OF base intrigue suits not thy limos
sublime,
August republic.
strain.
The Vienna correspondent of the
Daily News learns from st. Peters,
burg that the Russian minister In the
United States has beer, instructed to
report all details of the American
Anglo dispute to his government.
1.-The ear would like to see the ques-
ton arbitrated," says the Daily News
correspondent.
The Standards Vienna dispatch says:
Shortly before the closing of the
bourse, Baron Albert Rothschild gave
orders to buy $4,000 shares Of various
kinds. This partly restored conf
dence."
The daily papers this morning in
their editorials generally comment
upon the financial side of the panic and
express confidence that in the long run
the common sense which Mr.. Gladstone
advises will prevail and extricate the
public from the difficulty caused by
President Cleveland's precipitation.
The Standard, Conserva tive, while ad-
mitting this, thinks that whatever rem
edies congress adopts America must
for some time to come, in an economic
sense, go from bad to worse.
The Sunday observer, a unionist
publication, says in an editorial: THE
passionate passions of the Americans
for the Monroe doctrine may be unin-
q nj
rulers are wise, they will neglect no
means short of national humiliation
to avoid ruffiing the pride and feelings
Of the Americans. Sooner or later
public opinion in America will awake
to- the fact that England neither de-
sires to take liberties with the United
States, nor will she brook insult from
any power whatever