The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-04-30
which, 1t II Hoped, VIII Prevent
Two Countries ir the Future.
RUSSIANS In NEED OF MONEY
AND ANXIOUS TO SECURE AID FROM
ENGLISH CAPITALISTS.
Comment on Chamberlain's Speech
and the Coghlan !ncident-Many
Miners Killed in Russia.

copyright, 1899. by the Associated Pressl
LONDON, April 29.-The announcement
| that England and Russia have signed a self
denying agreement regarding China. which
| is intended to put an end to the conten-
| ton over railway and other concessions in
| that country. is the most important news
| of the day. The Morning Posts's ST. Peters
burg correspondent, in a dispatch to that
| paper to-day stated the Anglo-Russian
| agreement aiming to put an end to the con-
tention for railway and other concessions in
China was signed yesterday. This agree
| ment, it is said, recognizes Russia's sphere
| as the north and Great Britain's as the
| Yang-Tse valley. This report is officially
confirmed this afternoon, and the papers
are running it with big headlines. The news
| comes on top of Mr.. George j. Goschen's
| speech, on Wednesday last, In the course Of
| which, after taking an optimistic view of
| the political future and with reference to
| agreements arrived at with France and Ger
many, he said: "A friendly understanding
| with Russia is also on the eve Of conclu-
sion."
The present agreement puts an end to the
Anglo-Russian struggle in China and is
| tantamount to a settlement Of the spheres
| of influence Of the two countries. Under
| the agreement Great Britain has UNDER
| taken not to press railway or other conces-
| sions in North China, while Russia agrees
| to the British demand that nc part of the
| basin of the YangTse-Kiang shall be allot-
| ted Russia also recognizes explicitly that
| British commercial interests are supreme
| in the Yang -Kiang basin, which is un-
| derstood to extend a considerable distance
| north and south OF the river. though no
/ haa Ia fn Aofip ha OIL
Everything recently has pointed TO Rus
| sia's desire for a settlement, in order to
| allow the successful exploitation of the ST.
berian Railway and also with view to
| raising money in Great Britain for the de-
| velopment of the industries of Russia. The
| activity of Russian bankers and agents Of
| the Russian Ministry of Finance in London
| has borne testimony to the financial end
| that Russia has in view. Strong proof of
| the anxiety of the Russian government to
| tap English capital appeared in the publi-
| cation in the London Times of a secret
| memorandum recently submitted to a COM
! mittee of Russian ministers by NJ. Dewitte,
| the minister of finance. who frankly states
| therein that Russia cannot dispense with
| foreign capital. Referring to Russia's agri-
! cultural depression, NJ. Dewitte pointed out
| that free-trade England is the only market
| in which Russia can find relief. England.
| he said, is the largest buyer Of the agri-
| cultural produce of the world, yet up to the
| present time Russia has hardly any foot
| ing in the English market. NJ. Dewitte ad-
| duced statistics Of English imports of cat
| tie, sheep, wheat and flour, showing that
| in each case except that Of sheep the United
| States Overwhelmingly headed the i'm
| ports, while Russia was at the bottom Of
| the list. He therefore urged the fostering
| of Russian trade with England and then
| enlarged upon "the imports of England as a
market for placing Russian funds and the
necessity Of attracting British capitalists
| by the stability OF the industrial regulations
| of Russia and otherwise inspiring conf
| dence. To-day's announcement of the Chi
| nese settlement is one of the first fruits Of
| M. Dewitte's policy, and II will undoubtedly
have an important bearing on the future re-
lations of the two countries.
| The annual banquet of the Royal Acad-
emy was held at Burlington House this
| evening. A most brilliant assemblage was
| present, the guests including the Prince of
| Wales, the Duke Of York, Mr.. Choate, the
| United States ambassador, and Mrs.
| Choate, and ambassadors from other coun-
| tries Ssr Edward Poynter. president of the
| Royal Academy since 1896. presided. Re-
| plying to the toast Her Majesty and Her
| Minister'S" Lord Salisbury said he did not
wish to exaggerate the extent of the graf
| flying agreement signed with Russia. but
| in view Of the relations, which in the course
| of the last half century had from time TO
| time prevailed between the two countries,
| 1t was matter of congratulation that they
had come to an agreement with Russia and
| China, which to a certain extent would
prevent the likelihood of a collision between
| the interests and objects of two countries
| for the future.
Continuing, the premier said: "we have
| talked of alliance. In a certain sense the
| phrase is just one. but an alliance i'm the
| sense that with any nation will go out
| to war together and bear the cost and dam
| ger together and for each other, can only
| very rarely take place. The alliances OF
| which we speak are alliances OF good feel
| ing between peoples and governments. and
not engagements likely to bring either side
| into war;"
| Referring to the international conference
to be- held shortly at The Hague. Lord Sal
isbury said: Whether the peace conference
| will effect any improvements in the rela-
| tions Of the nations We do not know but
| the fact that such conference has been
summoned is good omen for future peace
and an augury on which all who value the
interests of peace, civilization and Chris
tianity may ftly dwell
! Referring to aspeech made by the secretary
| of state for the colonies, Mr.. Joseph Cham
berlain, early I'm the week. explaining that
the massing OF large British force In
South Africa was due to the fact that the
Beers had erected forts at Pretoria and Jo-