The Portland daily press., 1896-11-02
TAKEN FOR GRANTED.
No Doubt Of McKinIey's Triumph,
in Germany.
ALL ADVICES BY MAIL OR TELE-
GRAPH AGREE TO THAT.

Terrible Effect on Financial and Com
mercial Interests in Case the Repudi-
alton Party Succeeds GeneraAy Rec
ognized-Betting Four to One ON Nc
Kin1ey on Berlin Bourse.
Berlin. November 1.-If the triumph
of Mckinley at the polls in the Presi-
dential election in the United States Is
not overwhelming, political and COM
mercial Germany will experience shock
special cable desptaohes sent by its
American correspondent to the Berliner
Tag blatte, all advioes sent by wire or
mail to ths Berlin press have SO express
ly excluded any possibility of Bryan's
election that public interest in the
American campaign has waned.
The Socialist organ, the Vorwartz and
Treizinnigs and other Liber organs
suggest that an uprising of the masses
might defeat the combined educated and
capitalistic forces. In the face of the un-
varying tenor of the news received from
America, the public have accepted the
election of Mckinley as a foregone con-
clusion. Glass prejudice here, is very
little interested in the results. as
evidenced by the utterances of the Kreus
Zeitung, conservative. which discussed
the question of Mckinley versus Bryan
from currency point of view, ignoring
all other issues entering into the cam
paign.
The Kreuz is inclined to support No
Kinley as the election Of bi-metallist,
such as Bryan would, it thin ks, be
disastrous. The influence Of the trusts
and other monopolies in perverting the
electoral votes toward Bryan is COM
Jaented upon by many newspapers. The
prevent MoKinley's triumph. Under this
conviction the Bourse for the last Two
days has been especially firm for Ameri-
can stocks.
Textile manufacturers expect after the
election that there will be an increase of
exports to the United States, this belief
being based upon the ground that the
advance in the price of grain is bens-
fitting American farmers and conse-
quently ought to lead to an increase in
the demand for European goods.
German farmers have not in the least
benefited by the rise in the price of
wheat and other cereals, as have the
agriculturists of Hungary, where tho
harvest has been abundant and where
there has been an advance of nearly two
forms per hundred weight in the price
of wheat. This state of things has been
a perfect God send to the Hungarian
farmers, and has given an impetus to
trade all around.
The Berlin financial journals in their
articles discussing the prospects for the
immediate future agree that If Mckinley
is elected, affairs will remain very much
as they are at present, that is to say
there will be little or no financial
troubles, but If Bryan should be SUCCESS
full, there will be financial and COM
mercial cataclysm. European capitalists,
these papers argue, must therefore pre-
pare for depreciation in value of Ameri-
can securities large premium of gold,
extensive failures of American companies
having good contracts in Europe, the
consequent failure of European and
especially English capitalists and the
sJoppaRe of European imports for
America.
Considerable betting on the result of
the American Presidential election was
done on the Berlin Bourse toward the
close of yesterdays session, the odds in
favor of Mckinley running up to to l.