The record-union., 1896-03-09


Late Rebellion.
BERLIN, March SIT is believed,
and indeed almost desired in official
circles, here that King Humbert will be
unable to find an Italian statesman to
form a Ministry who will be willing to
construct a Cabinet on q basis of a
continuance of the war in Abyssinia,
and will, consequently, after an in
terregnum of week be obliged to re-
call Signor Crispi, who, after strength
ening the Cabinet will order General
Balderissa to recognize the first chance
to fight a successful battle with the
Shoans, and then terminate the African
campaign.
In the course of current discussion
in field circles yesterday upon the possi-
bility of Italy's concluding loan in
Germany, the report got abroad and be-
came generally credited that this view
had been commended to King Humbert
by parsonage high in Germany Off
cial circles. In regard to the floating
of such a loan, however, there is only
one opinion. Germany already holds
more than enough of Italian securities,
and nothing that Italy has to offer
could induce the open operation of a
new Italian loan in Germany
With crushing national debt, her
banks of issue practically insolvent
and her rate of taxation at the maxi
mum figure, the Italian Government
in order to obtain the sinews of war it
needs, must secure them through pri-
xresfes o,~.
nary processes upon which federal
houses work.
German financiers consider that the
corruption in the administration of the
italian Government and the absolute
corruption prevailing in the civil SER
vice, have been potent factors in the de-
cline of the country and that if any
more German money goes to Italy it
must have much better guarantees than
the existing loans. Only within the
last few days advices from Rome have
reported it as possible that the Govern
ment would pay it's foreign creditors in
paper currency, which is now at a dis
count of IA per cent. The Italian
rentes and Italian railway securities
which have been thrown upon the mar
ket by general holders have been partly
taken up on speculative account.
AS representatives of the official and
popular views in Germany of the atti-
tude of the United States Houses Of
Congress in regard to Cuba. the repre
sentations of ''Vorwaetz," the princinal
soclalistic organ, and the Cologne ga
zette, the leading National Liberal
organ, may be contrasted. The latter
journal affecting national impartialitv
accuses the Americans of pursuing
schemes of trade and conquest under
the guise of feeling for oppressed and
suffering humanity
Spain, according to the "Gazatta J"
ought to repel the Intervention of the
United States between herself and the
Cuban rebels, upon lines similar to those
by which the United States rejected
those of France and England in favor
OF the secessionists of the South in
America.
The 'Vorwaetz' on the other hand
holds that the vote of the United States
faVoring the recognition of belligerent
rights for the insurgents in Cuba. was
OF such enormous mercantile import
ance that Spain will henceforth he nm
able by any possible successes in the
field to accomplish the subiection of
Cuba. This utterance of the "Vor-
waetz" may mean to imply that a rev
olution in Spain is among the proba
bilities; but it must be accepted as re-
ferring to the reports now current of
an alliance between France and Spain
against the United States.
The ''Vorwaetz" adds: .Such an idea
as a Franco-Spanish alliance against
the United States is fantastic. The
great republic was founded with the
aid of French, who have ever since
looked toward the sister republic"
Baron Won Der Horst, Prussian Min
lister for the Interior, has forwarded a
communication to Washington through
the regular diplomatic channels. stating
that he is astonished to find that
a certain State of the American
Union is seeking to negotiate directly
with the Prussian Government through
a special envoy, thus ignoring the es-
tablished uSageS. The Minister saws
he has taken cognizance of the fact that
Governor Morton has not acted upon
the proceedings of the Albany Sem
ate and Assembly, and in turn admits
that there was a chance that the de-
crees canceling the licenses of two New
York insurance companies might be re-
pealed But, he adds, since the inter-
ference of the amateur special envoy
from New York State to Berlin, the po-
sition has been SO completely altered
that the Prussian Government cannot
repeal the decree, and it must now be
represented to the public that the in
reference of the amateur diplomat has
caused Prussia to yield. Even at the
risk of Governor Morton's application
of the recent resolution of the Albany
Legislature refusing to renew the IL
censes of Prussian insurance companies
doing business in the State of New
York, this decision, he says. will in the
meantime be adhered to.
The Emperor will receive Count Co
luchowski, the Austrian Minister of
Foreign Affairs, tomorrow with un-
usually great state ceremony. and this
announcement is accompanied as mark
ing the Importance of the Austrian
NJ x.ft