The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1900-10-24
RUSSIA WANTS A LOAN
NEGOTIATING FOR $4,000, 900 IN
AMERICA.
Has Given Explicit Assurances That
She Does Not Want Any Chinese
Territory Not Even Manchuria.

CHICAGO October 15.-Walter Well
man wires to the Times Herald from
Washington as follows: Now Russia is
after an American loan. 1t was learned
here today upon indisputable author
ity that the Russian Government has
proposed to negotiate a loan in New
York, and that a syndicate is now being
organized to float it. The chief promoter
of the enterprise is a man well known in
the fields of finance and politics. The
amount of the proposed loan, the rate
of interest and the sale price of the
bonds are not known, but it is under
stood that Russia wants 100000 600 in
gold. 1t is believed the loan will be
taken and that public announcements
concerning it will be made in a few
days.
Last spring the Russian Government
negotiated a loan of 500 900 in New
York, but it is understood that very lit
tie if any of that money was sent to
Russia. It was used in payment for
warships built by the Cramps at Phila-
delphia, for American locomotives and
steelS rails purchased for the Russian
and Siberian Government railways.
The proceeds of the present loan prob
ably will be RENTED directly to st.
Petersburg and will doubtless put a
stop to imports of gold from Europe to
this country for time.
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 the London finanCiers on the
subject of a loan. London would not
look at the proposition. Berlin was IN
too much stress to give aid to Russia,
as the German banks are hard put to it
to carry the burdens imposed by the
wave of speculation and exploitation
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 APP
pealed to France. Last August NJ. de
WHITE, the masterful head of the Rus
sian Finance Department. appeared IN
Paris, 1t was at once rumOred that he
had come for a Loan but De White de-
MED it and said his visit had no other
purpose than the inspection of the Rus
sian section at the exposition. Never
theless. the Rothschilds We're asked to
float a loan, and the amount thereof has
been stated at 5O0,0O0O0O francs or about
500, 600, 600. AS yet the success of the
loan has not been announced.
In this connection | am able to dis
close an important diplomatic secret.
In all the negotiations which have TAX
en- place concerning the Chinese trOu-
BILE the United States has found Russia
as determined as our own Government
to maintain peace. The Russian Gov
eminent has not only given the United
States fair play as to the open door, but
has more than once voluntarily declar-
ed that it has no intention of Selling
any part of China-nOt even Manchuria.
The explicitness of the Russian pledge
as to Manchuria has greatly surprised
other governments, for there had been
a general suspicion that this province,
already a good deal Russianized, would
never again see any other nag IMAM
that of the Car. But there are Rus
sia's pledges in black and white, and
the surprised diplomats can do nothing
but accept them.