The Portland daily press., 1896-01-06
IN BERLIN,
American Loan and Transvaal the Sub
jects of Much Discussion.

American Loan and Transvaal the Sub-
jects of Much, Discussion.
Berlin. January 5.-The financial in
terest continues centered in the prospects
of the issuance of an American loan.
Bourses here and at Frankfort absorb
the best of the American stocks, which
are still being offered for sale in Lon
don. and the leading operators show a
greater disposition to await definite
announcement of the bond issue. The
latest communications from New York
leave the situation SO unpleasant that
neither fnanoiers nor operators on the
bourse can advise inquiries. The corre-
spondent of the United Press in Frank
fort states that American flnanciers have
sounded the bankers there as to whether
per cent coin loan could be placed
at about par. To these inquiries the
bankers replied that pure coin bonds
could not be placed in Germany even at
4 per cent. but 5 per cent gold bonds
might be placed II they were issued at
price slightly under par. The Berlin
flnanoiers connected with the Deutsohe
bank group, says this group is making
offers tn the Morgans to take share of
the American bonds issue, has had an
| amount of gold already in the United
States sufficient to prevent large ship
ments of gold from Germany. On every
side the feeling is that things will go
slowly until President Cleveland acts
on the bond matter. The German group
proposing to take the new Americn
loan had a meeting in the offices of the
Deutsohe bank Saturday, and will hold
another meeting Monday, when III is ex-
pected that they will definitely arrange a
deal with London firms to cooperate in
securing goldA to the amount of $2o, 600, :
900 with the option of securing an addit-
ional $25, 600, ,000N If 1t should be required
it Is understood that in New York
number OF German houses are dosirOus
of sharing In the operations of the group.
Advices received from ST. Peters burg
say that NJ. DeWitte, Russian minister
of finance. has definitely denied that
Russia offered to the United States the
cash advances referred to in story re.
GENTLY published in ST. Petersburg de-
spatch to the Tageblatt Another story
comes from st. Petersburg alleging that
Prince Lobanof Rostovsky, the Russian
minister of foreign affairs, declared that
with all possible feelings of good will to-
ward the United States, that the Gear
would never recognize the Monroe doc
trine and In regard thereto hadltaken
positions similar to that assumed by
Germany and Egypt. This story is not
yet affirmed or denied.
Sir F.S. Lacelles, the British ambas-
sador to Germany, of late had daily ia
terview with Chancellor Prince Hohen-
III e.
IN uch calmer tone on official circles, and
IN articles published in the semi official
newspapers. The violent tone displayed
by the English press, especially in trades
against the Kaiser, does not agree with
the character of the communications re-
ceived at the foreign office from Lord
Salisbury, who protests his innocence
chartered South Africa Company, and
declares the determination of Great
Britain to act strictly in accordanceg with
the terms of the Transvaal treaties con-
cluded in 1891 and 1884. So far nothing
has been heard at the foreign office as to
how the government of Great Britain
will treat the congratulatory message
cabled to President Kruger by the Kaiser
Nothing appears likely to cause any al
teration in the attitude of Germany in
respect to her resolve to support the
Transvaal republic in declaring the con-
vention of 1884 void, thus enabling the
Beers to obtain independence OF Eng
Hand. The contention of Germanys that
the convention of 1884 must lapse and
new relations of England with the Trans
yaal must give the latter the right to di-
rect and uncontrolled Intercourse with
other powers. The United Press obtained
last evening an interview with DR..
Leyd, secretary of the South African re-
public, now in Berlin. 1t was the charter
South Africa Company and the Rhodes
voked the revolutioE in the Transvaal, ,
aiming to overthrow President Kruger
and replace him with a creature of Cecil
Rhodes, then through the agency of the
new president to annex the Transvaal to
the Cape Colony. This movement was
associated with the plans of throwing
| the markets into disorder and acquiring
good stocks at the lowest figures The
Beers, DR.. Leyd said, would treat the
prisoners they captured in the battle
with DIR. Jameson, humanely, despite the
| fact that they were brigands and had
been secretly armed by Rhodes. Dr. Leyd
entertains hopes that he will be able to
obtain an audience with the Emperor
AS yet he has only been able to see the
foreign secretary. The authorities at the
foreign Office deny that The Transvaal
government has asked Germany to as
sumo a prOteotorate over the South Afri-
can republic Although Austria has no
special interest in South Africa. she sup
ports the idea of Germany's intervention
in the Transvaal The Vienna newspap-
ers concur in expressing the hope that the
powers will take the advantage Of the
present opportunity to curb English en-
croachment. Under the presidency of
tho Due Albrecht of Mecklenburg. q
committee is being formed in Berlin,
Hamburg and other German cities for the
purpose of collecting funds for the relief
of the Boer fmilies who are suffering as
the result of the war-like operations in
the Transvaal. Already 140, 600 pounds
sterling has been subscribed.