The record-union., 1896-01-06
Financial Interest at Berlin CelterS in the
Prospects Of an American Loan.
What the Outlook is for Placing Our
Paper in Germany.
Bankers willing to Place Four Per
Cent. Bonds at About Par, But Not
willing to Accept Three Per Cents.
Unless Issued Slightly Below Par
Awaiting the Action of President
Cleveland In the Matter.


BERLIN, Jan. 5.-Financial interest
continues to be centered in the pros
poets of the issuance of an American
loan. The bourses here and in Frank
fort absorb the best of the American
stocks which are still being offered for
sale in London, but the leading opera
tors show a disposition to await the
definite announcement of a bond issue.
The latest communications from New
York leave the situation so uncertain
that neither the financial house nor the
operators on the bourse can advise in
quirers.
The correspondent of the United
Press in Frankfort states that Ameri-
can financiers have sounded the bank
ers there as to whether a 3-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 per cent, but that
3 per cent. gold bonds might be placed
if they were issued at price slightly
under par.
A Berlin financier connected with the
Deutsche Bank group says the group
which is making the offer to the Nor
gans to take a share of the American
bond issue has an amount of gold al
ready in the United States sufficient to
prevent large shipments of gold from
Germany. On every side the feeling is
that things will go slowly until Presi-
dent Cleveland acts in the bond matter
Advices received here from st. Pc
tersburg say that M. de Witte, the
Russian Minister of Finance, has def
nitely denied that Russia has offered to
the United States the cash advances re-
ferred to in the story recently pub
lished in a st. Petersburg dispatch to
the "Tageblatt," story which nobody
credited.
Another story comes from ST. Pc
tersburg, alleging that Prince Labanoff
Rostovsky, the Russian Minister of
Foreign Affairs, has declared with all
possible feelings of good will toward
the United States that the Car would
never recognize the Monroe doctrine,
and, in regard thereto, had taken po-
sition similar to that assumed by Ger
many and England. This story has not
yet been affirmed or denied.
Sir E. G. Lascelles, British Embassa-
dor to Germany, has of late had daily
interviews with the Chancellor Prince
Won Hohenlohe, and these conferences
have led to much calmer tone in Off
cial circles, and in the articles pub
lished in the semi official newspapers.
The violent tone shown by the English
press. especially in their 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 of
all knowledge of the plans of the char
tered South African Company, and de-
clares the determination of Great Brit
ain to act strictly in accordance with
the terms of the Transvaal treaties con-
cluded in 1881 and 1884
If Lord Salisbury intends to remon-
strate against the congratulatory mes
sage cabled to President Kreuger by
the Kaiser, he is obviously taking his
time to ponder over the manner in
which he will do it, as so far nothing
has been heard at the Foreign Office as
to how the Government of Great Britain
will treat with what the English press
calls deadly insult which justifies war
Nothing appears to cause any altera-
ton in the attitude of Germany in re-
spect to her resolve to support the
TransyaaI Republic in declaring the
convention of 1884 void, and thus en-
abling the Beers to obtain their inde-
pendence of England.
The contention of Germany is that the
convention of 1884 must lapse, and that
the new relations of England with the
Transvaal must give the latter the
ri oh m
course with the other Powers.
The United Press obtained last even
ing an interview with Dr. Leyd, the Sec
retary of State of the South African Re
public, who is now in Berlin. 1t was the
Chartered South African Company and
the Rhodes and Barnato groups, he
said, that provoked trouble in the
Transvaal, aiming to overthrow Presi-
dent Kreuger and replace him with
creature of Cecil Rhodes, and then
through the agency of the new Presi-
dent annex the Transvaal to the Cape
Colony. The movement was asso-
ciated with plans of throwing the mar
kets into disorder and acquiring good
stocks at the lowest figures. The Beers,
DR.. Leyd said, would treat the prison
ers they captured in the battle with DR.
Jameson and his followers humanely,
despite the fact that they were bri-
gands; that the Beers were aware that
the men had been secretly armed by
Rhodes, and their knowledge of the ma
ture of the support given to Jameson 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 au-
thorities at the Foreign Office deny that
the Transvaa1 Government has asked
Germany to assume a protectorate over
the South African Republic Austria
has no special interest in South Africa.
but she, nevertheless, supports the idea
of Germany's intervention in the Trans
vaaL The Vienna newspapers continue
expressing hope that the Powers will
take advantage of the present opportu-
nifty to curb British encroachments.
The court will leave Potsdam on jan
uary 11th for the Schlcss in Berlin. The
court season will then open and last
seven weeks, the imperial family leav-
ing on February 9th for Abassia. The
New Year Day functions were devoid of
any special features. There was a
heavy snowstorm on the previous night
and the cafes were closed by IL O'Clock
a strong police force was abroad and
prevented the old-time noisy demon
strations. No horse play was allowed,
as formerly, and the people who were
about at midnight quietly exchanged
''Prosit nueujahr" and passed on. The
consequence was that there were fewer