The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-01-04

chamber resumes its sittings, viii pro-
pose an addition to the military bud
get of III, DOC, 00c marks. Certain SEMI
official papers commenting on the re-
ports current last week that 100000, 900
would be demanded. have denied the
accuracy of the statement and inferen-
TALLY suggested that the country had
at present no reason to fear any ad-
ditional burden through the army es-
Inmates. In point of fact. the new bill
has for some time been drafted and
forms part of a general scheme in
volviug the creation of new regiments
of infantry and a new grouping OF
battalions and bTigades. Military
authorities who are permitted TO speak
ON the subject and whose opinion IS
worth having, deny the current reports
that the impending reorganization or
the artillery is due to the Canet quick
firing gun being adopted for the
French army. The new German field
gun, which was tested at Krupp's in
the presence of the kaiser and special
staff OF officers more than a year ago.
was approved as the most potent field
piece yet invented, and has been since
under constant construction. The
kaiser keeps in close touch with
Krupps, at whose works guns on the
new model. but of different calibre, are
teing rapidly manufactured and tested.
RUssIA'S NEW LOAN.
Leading Berlin banking firms concur
IN crediting the report that the Rus
sian government has been negotiating
q new loan in Paris, amounting to no
less than 600.000,000 marks. Private ad-
vices from St. Petersburg, supported
by letters from Paris, at first mentioned
an even greater sufn-SOO, 900, COO-and
added that the French bankers had re-
fused to consider terms on the ground
that France was overloaded with Rus
sian loans that part OF the last loan
had not yet been absorbed by the pub
lie and further that under the condi-
tons of that loan Russina was de-
barred from raising another before
april. 1897.
The first reception at the court of
the new French ambassador, the Mar
quis De Noailles, is fixed for the third
week ia January. 1t is understood that
the kaiser intends to mark the occasion
rs an especially brilliant court func
ton. The substitution of a French
9ristocrat of polished manners for the
hourgoise N. Herbette whom court
and kaiser alike detested. may do
much 20 smooth diplomatic relations
between Paris and Berlin.
The non-coInmittal tactics of Count
Badeni, the Austrian prime minister.
on the eve of the dissolution of the
Austrian reichsrath, and the conse-
quent holding of new general cleo
ton, as described in these dispatches
last Sunday, remain literally true, but
there are now signs that the premier
Will favor the clerical party whenever
he can. Hitherto he has been virtually
sitting on the fence and observing the
indications of increasing strength of
the various parties With view of as
pertaining which group is worth While
Cultivating as supporters of the min
istry, but within a few days he has
shown his preference by filing d num-
Der OF vacancies in several provinces
by the appointment of men of clerical,
or at any rate, of anti-semitic tendon
cies.
\ PRINCELY SCANDAL. u
Berlin as we'll as Vienna court cir
Cles have recently been eagerly watch
inE the developments of q scandal con-
nected with the career of the Austrian
Crown Prince Rudolph, who, with his
mistress, the Baroness Marie Vetsera,
committed suicide at Merington in
January, 1889. It is known that the
Emperor Francis Joseph had paid en-
ormouS sums to meet the responsible
ties which his son left behind him and
to conceal some of the lamentable re-
suits of his disOrderly life. Some cor
TeSpOndence which the archduke left
fell into the hands of a man who did
not Scruple to have part of it photo
graphed and sent to the emperor with
an offer to restore the originals for a
large sum, the alternative being pub
lication. AS the letters contained some
of the rank criticisms of the emperor
secret policy and of the personages
around the throne the affair became a
matter of reference to the cabinet Ar
rests and legal prosecution in camera
were talked Of in Austrian court cir
cles for q time but now it is under
stood that there viii be no public
scandal, the matter having been ar
ranged privately.
NEW BOURSE LAW.
The members of the Berlin Produce
Exchange began business yesterday
under the new bourse law, which went
into effect on Jan. l as a free institu-
ton instead of a close organization as
formerly, but very little business was
done The Berlin association eX-
changed communications with the free
associations (formerly the bourses) Of
Halle. Stettin, Brunswick and other
centers, and some future transactions
were recorded. The day was a partial
holiday, however, and consequently
less business was done than otherwise
could have been transacted. Public
opinion, as well as the opinion of the
entire press, with the exception OF the
conservative and agrarian journals,
are in complete sympathy with the
boursiers, in defiance of the law. The
National Zeitung applauds the action
OF the Germany bourses and declares
that ii was necessary for them to act /
as they have done, as a matter of self !
defense against the junkers.
The Tageblatt, in an article under |
the caption THE Fight Commenced" |
sees no end TO the warfare unless the /
agrarians, frightened at the result of |
their own folly, assist the government /
TO Chamber down from the position |
they have assumed.
The Vossische Zeitung predicts FIAT |
the fight viii ultimately end in the |
victory of the mercantile community. |
In the government circles the hope is !
expressed that the coming election Of /
the executive committee and chairman |
of the bourse may influence the bours- |
iers in the direction Of some form of /
compromise. the nature Of which, how /
ever, the official mind is not yet a bic 10
foreshadow. In the meantime the only /
possible compromise that the bourse
operators viii accept viii be the sup
preston of the clauses which interfere |
with their business. The stock bourses
of Berlin and Frankfort were stagnant
Yesterday in view of the uncertainty
of the effect of the prolhibitory clauses
of the new law. Yesterdays buying
was consequently confined to govern
nent stocks. Upwards of 600 members
Of the Produce Exchange, have Joined
the newly-formed free association.