The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-09
ITALYS AFRICAN DISASTER.
BERLIN OPINION As 40 KING HUM
BERT'S PREDICAMENT.

High German OmcIaIs willing That
His search for Minister to Fur
ther Prosecute the Abyssinian War
Shall BE UnsuccessfuI-Sensib
View of VOrwaerts as to the Amer
lean Congress and Cuba-BarOn
Won Der Reck Won Der Horst scores
an Amateur Diplomatic MeddIer.
Berlin. March Sit is believed. and in
deed 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 cab
met on the basis of a continuance of the
war in Abyssinia and will consequently,
after an interregnum of a week be obliged
to recall Signor Crispi, who, after
strengthening the cabinet, will order Gen.
Baldissera TO seize the first chance TO
fight successful battle with the Shoans
and then terminate the African campaign
In the course of current discussion in
financial circles yesterday upon the posi-
bility Of Italy's concluding loan in Ger
many, the report got abroad and became
generally credited that the above view
had been commended to King Humbert
by parsonage high in German official
circles. In regard to the floating of such
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 opera
tion of new Italian loan in Germany
With crushing national taxation at the
maximum figure, the Italian government
IN order to obtain sinews of war, it needs
must secure them through private ar
Ta arnfe A.
ciples upon which financial houses work.
There are still resources in Italy which
if they were pledged, a loan syndicate
could give the government a substantial
loan, but not otherwise.
German financiers consider that corr1Ip-
tion in the administration of the Italian
government and the absolute corruption
prevailing in the civil service have been
potent factors in the decline of the coun-
Iry and that If any more German money
goes 10 Italy 1t must have much better
guarantees than existing ones. Only with
IN the last few days advices from Rome
nave reported it as probable that the gov
erhInent would pay its foreign creditors
in paper currency, which is now at a dis
count Of IA per cent. The Italian rentes
anu the Italian railway securities which
nave been thrown upon the market by gen
eral holders have been partly taken lipon
speculative account.
As representatives of official and popu-
ietA NlcWS III GeImdlY as TO the attitude
of the United States houses of congress
IN regard 70 Cuba, the expressions of Vor-
Waerts, the principal socialist organ, and
the Cologne Gazette the leading nafional
liberal organ, may be contrasted The
latter, atfecting national impartiality ac-
cuseS the americans of pursuing schemes
oi feaI's anu e conquest under the guise of
u IeeHng Tor oppressed and suffering hui
manity. Spain, according to the Gazette
ought TO repel the intervention of the
united states between herself and the
iff1ila fo
SQon which the United States rejected the
intervention of France and England in
states of America.
The Vorwaerts, on the other hand. holds
that the vote of the United States Senate
and House faVoring the recognition of the
Delligerent rights Of the Insurgents in Cu-
Da, was of such enormous moral import
mat spain will henceforth be unable by
any possible successes in the field to ac-
compllsh the subsection of Cuba. This ut
terance or the Norwaerts may mean to i'm
ply Ihat revolution in Spain is among
the probabilities, but it must be accented
as referring to the reports now current
OF an alliance between Spain and France
against the United States. The Vorwaerts
adds; Such an idea as a Franco-Spanish
alllance against the United States is fan
tastlc. The great republic was founded
with the aid of the French who have ever
slBce looked toward the sister republic"
baron Won der Reck Won der Horst,
frusslan minister for the interior has
forwarded a communication to Washing
tOil through the regular Diplomatic chan
nelS stating that he is astonished to find
that certain state of the American
union is seeking to negotiate directly
with the Prussian government through
a special envoy, thus ignoring the estab-
l1shed usage The minister saws he has
taken cognizance of the fact that Gov
morton mas not yet acted upon the pro-
ceedings of the Albany Senate and assem-
bly, and in turn admits that there was
chance that the DEGREES cancelling the
licenses of two New York insurance COM
panies might be repealed. But he adds
since the interference of the amateur spe-
cial envoy from New York to Berlin, the
position has been completely altered; that
Prussia cannot repeal the decree as it
might now be represented to the Dublic
that the influence of an amateur diplomat
had caused Prussia to yield. Even at the
risk of Gov Morton'S application of the
recent resolution of the Albany legisla-
ture refusing to renew the licenses of
Prussian insurance companies doing bus
mess in the state of New York, this de-
cision, he says, will in the meantime be
The emperor will receive Count Golu-
chowski, the Austrian minister of foreign
affairs, tomorrow, with unusually great
state ceremony and this announcements is
accepted as marking the Importance of
the Austrian minister's visit TO Berlin
which it is generally believed has for its
object conference upon the subject of
future of the dreibund, in view of the re-
cent events in Italy,
The Hamburg Chamber of Commerce
has held a meeting which was attended
by all of the prominent merchants and
bankers of that city TO protest against
the bourse laws which are proposed by the
government, designed, as the proDosai sets
forth, to prohibit dishonest transactions
on the bourse." The meeting passed a res
Olution by unanimous vote declaring that
the proposed laws We're fntolerabIe and
that it would be disgraceful to reputable
merchants and bourse operators to submit
to them.
The emperor will leave Berlin on March
%, for Genoa, from which port he will
make cruise of the Mediterranean, end
point. It is said that the kaiser will have
an interview at Genoa with King Hum
bert.
THE CRISIS ITALY