New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-10-29
TRADE AND FINANCE ABROAD.

The German Rechstag. in its coming session
will be asked 10 vote an increase OF subsidy for
the steamship line OF the Bremen North German
Lloyd This is one of the consequences OF the VIC
tory won over all competitors by the now famous
steamer Kaiser Wilhelm der Crosse IN her recent
westward and eastward trips across the Atlantic.
In France also during the next legislative ses-
sion which opens on october 10. the Chambers VIII
be asked TO renew at least II not even TO increase.
the subsidy which was always given to the Com-
m"iIer r p' SINE years eo. TO last until ioi The
rr5mrIny Is naturally anxious to have sub
EDDY law promptly voted In its favor. FOR as soon
cates will feel Justified IN ordering the construc-
ton OF the twenty-five knot steamers they intend
10 place in the New-Nork and Havre service. the
drawings Of which are already perfected. This I'M
movement IN the French line does not depend on
the Government. stated in cable dispatches. but
on the vote OF the Chamber as explained by NJ
Forget the agent Of the Fron,h company In New,
York. lie might have added. but for the sake OF
official discretion. that this vote will surely be
favorable the renewal or increase or the Sun, sun
whose service has always proved satisfactory.
Apropos OF the recently published Information to
the effect that an American syndicate had made
nm important contract with the Government o.
Honduras the Memorial Dplomatique." OF Paris.
the principal organ OF European diplomacy. takes
a view OF the matter much more sensible than
those expressed In some papers In the United
States which stated In big headlines that "Ameri-
cans are TO be the rulers OF Honduras" etc. The
Diplomatic periodical explains that the national In
dependence and pride OF the Central American
republic are not wounded In any manner. and that
the New-Yorli capitalists do not intend to be the
rulers OF country TO wnicn tney mercy loan
money against proper secuT ms - per tS
selves; and the Memorial recalls the fact that
If the railroad banking and custom house conces-
sIons granted by Honduras 10 the American syn
dlcate Constitute the sale or a state 10 a imam
cial group then Il can be said that many Euro
pcan nations have abdicated their sovereignty"
In these times OF discussion about reciprocity
a natural result of the Dingley law. statistics con-
corning the production of certain staples In foreign
countries offer a special interest. The latest data
relative to the agricultural situation in the Ar
gentine Republic develop the fact that the figures
recently published about the next cereal crop there
cannot be absolutely relied upon. or course. the
enlarged acreage gives the hope that the crop VIII
be larger too But nothing certain can be said so
long MS It IS not known whether or not the locusta
breed now deposited I'm the burrows Will come TO
maturity Tho production OF Argentine sugar con-
tiuues 10 Increase The product this season. ac-
cording 10 the latest calculations made by experts.
Will be loo 900 tons Of WHICH the Tucuman rrovince
surplus of 5000 tors to be disposed for the British
or European market
The views entertained in the latest Trade and
Finance Abroad" In regard 10 the commercial con-
seouences Of the approaching conquest OF the Egyp-
tlan Soudan by Kitcheners army have been yeri-
have been disappointed in their dreams OF wealth;
The Khedive. obeying az usuai. me mandates OF
thn trade in ivory. feathers and india rubber is
monopoly OF the state This applies TO the re-
rions situated south OF Wady Iialfa. The above
nmentioned articles must be deposited In the
houses OF the State, and their sale effected by the
Of eienhants ostriches and gum trees which the
natives and European hunters destroy too freely.
II may not be generally known that the United
states is almost regularly importing half OF the
entire sulphur product OF Sicily. This fact adds
more Interest to the latest statistics published by
,ho ITALIAN Government In regard 10 the sofia
,n,re or sulphur mines OF Sicily. During the
month OF August prices went up from 5, lire Che
IT, a. about 20 cents) S9.5i especially for the
,ntrd quality OF sulphur. In the same month OF
amgI,sf 1897 the expectation from Sicily amounted
-, - GA IONS against % 533 In the month of July,
tses The Italian Ministry Of Agriculture states
that work Is going on actively In All the mines.
new beds OF sulphur; which VII be easily found In
,airs AStna and other ess-known volcanoes.