Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-10-16
RUSSIA AFTER MONEY
The Cars Government Asks For
Loan Of $50, 100000 in Gold
In America
Attempts to Borrow That Amount
in Europe Have Failed-Will
Succeed Hero
Regarded as a Wholesome Sign and
Pledge Of e-kussia
Hard dressed.

Washington. Oct 16.-Now Russia is
after an American loan. 1t is learned
here upon indisputable authority that
the Russian government has proposed
10 negotiate loan in New York City,
and that a syndicate is now being or
ganized to float it.
lis a man we'll known in the fields OF
finance and politics. The amount of the
proposed loan, the rate of interest and
the sale price of bonds are not known,
but It is understood the sum Russia
wants is 500. 100000 in gold.
1t is believed the loan will be taken,
and that public announcements con-
corning it will be made in few days.
The United States, Ii is conceded by
tinanciers. is now in better condition TO
make large loan than any other coun-
try In this country there is a surplus
of money, and many millions are con-
stantly seeking investment.
| The United States is in q fortunate
position, too, in that it has large gold
balances abroad Gold imports are ale
ready being arranged for. greatly to the
regret of foreign tinanciers.
| Last spring the Russian government
negotiated 4 loan of 100000 600 in New
| York, but it Is understood very little II
any of that money was sent to Russia.
1t was used in payment for warships
built by the Cramps at Philadelphia,
| for American locomotives and steel
rails purchased for Russian and Sibe-
| rian government railways.
The proceeds of the present loan will
Iprobably be remitted directly to st. Pee
tersburg and will doubtless put stop
TO imports Of gold from Europe to this
country for time at least.
1t is significant that Russia has in
vain tried to float loan in Europe and
has been compelled to turn at last to
the United States. Last winter Russia
sounded London fnanciers on the SUBJ
ject Of a loan. London would not look
lat the proposition. In the spring a
small loan was negotiated In New York
Ito tide over for the time being, and
then the Russians turned their atten-
ton to other European capitals.
4 Berlin was in too much stress to give
| aid to Russia, as German banks are
posed by the wave OF speculation and
lexploitation which has run over the
empire during the last few years The
Germans said they had all they could
/ do to keep their own house in order.
Russia next appealed to France. Last
Il August NJ. de Witte, the masterful head
lof the Russian finance department. ap-
peared in Paris. 1t was at once rumor-
led that he had come for loan, but NJ.
ide Witte denied 1t and said his visit had
no other purpose than an inspection of
the Russian section at the exposition
Neverthe less the Rothschilds5were asked
4 to float loan. and the amount thereof
has been stated at 500,0000Q0 francs, or
4 about $500, 100000
/ About that time the car sent to Pres
\ !dent Loubet a decoration. none other
than the star Of st. Andrew. the high
est honor of the sort within the gift Of
1.-THE car of the Russias. 1t is decora-
ltion usually reserved for elnperors,
kings and princes OF the blood. Presi-
5ldent Loubet was very proud to get 1t
= and 10 wear it at the expositionceremo-
Inials, but as yet the success OF the loan
has not been announced.
The fact that Russia has finally turn
ed to America for money indicates that
the French loan is not going thru. tits
!, fecmmon gossip among the diplon1atists
Eof the world that Russla's chief purpose
:, lin making an alliance with France
laside from the support of the French
!, navy in time of trouble, was the fiota-
! ton of a big loan at Paris. In this re.
, Ispeet the alliance appears TO have beer
I a failure.
Russia's recent graciouaness toward
: the United atates is generally supposed
! ito have hsen In part designed to prornos'
the success Of an American loan.
3 Diplomatists regard Russa's applica
95ftion for big American loan az mos
!, wholesome sign. They say it is pledg'
( Iof peace Russia liz doubtless hare
\ pressed for money. The army, the navy
the Siberian railway and other enter
Eprises Including the empires wonderful
! Ioverrunning Of half Asia during tn
! Hast decade, have required large sums.
1t is well known that Russiass incom
: has for some years been less than he
loutgo. Were the government Of tn
Iczar ever 50 much disposed to max
war, 1T issquHe out Of the question n
!. hong az the nations finances are in thei
9 lpresent deptorabe condition.
y Ittakes money to make war. and Il
y the event of general European out
Il break over China. Russia would fan
+ herself badly handica pped, and the $50.
s, 10000 loan proposed in New York woul
k mot be much more than drop in tn
bucket. For several years to come
n therefore. the d-politicians argue
Russia will do everything in her powe
: to make, not to break, the worlds peace
l. .---------
,e Charged With Heinous Crime.
e Waterloo. Oct 16.-Ed Minicus wa
i arrested On Saturday By Sheriff Law. o
d a warrant issued by Justice Kerr
charging him With rape. the victim BIZ
h ing 6-year-old child, Bertha Rolpi
le The information on which the warrar
e. vas issued wasfiled by the father OF tn
II child, Joseph Rolph. The prelimnar
d examination took place yesterday &
3 lLustice kern,a office II annears the