The Washington times., 1901-11-11

| iltIttuSn II VIII De smaller, ana the range
| OF selection more limited.
The principal reason why the German
display at St. Louis will not equal those
| at Chicago and Paris is the terrible de-
| preston which now prevails throughout
the entire industrial community, and the
uncertainty of a revival until the tarlu
controversy is concluded Never since
the organization of the Empire has there
been such despondeut feeling among
manufacturers. For ten years or more,
up to the middle of last summer they
enjoyed unprecedented prosperity. Every
Whcel was moving. prices were high, and
payments were prompt. Then occurred
the failure of the Leipsiger Bank. one Of
the largest and most influential financial
institutions in Europe. 1t was caught in
a tight corner and its managers, having
USED more sail than ballast, as the sail
ors would say, were unable to weather
little Squall This unexpected and to
many people unaccountable, disaster was
followed, as such incidents always are,
Dy the wreck of several smaller financial
parks that had ventured too far from
Shore. and something like a panic fol-
lowed. Confidence has never been re-
stored. There has been a steady decline
IN stock quotations, particularly among
inc lnduStrials, and wise members Of the
business community have been shorten
ing SAL. adjusting their cargoes, unload
ing doubtful investments. and preparing
themselves for worse weather
Coincident with the news of the reso-
luton adopted by the New York Chamber
Of Commerce asking the United States
Government 20 grant permission for an
American cable company. which wishes
to establish trans Pacific cable. to have
stations at Hawaii and the Philippines,
comes the news of the extensive develop
ment Of the Eastern and Eastern Exten-
sion Telegraph companies, which have in
view an improvement Of the cable service
to South Africa and Australia Involving
the laying Of l5,OJg nautical miles of cable.
at an expenditure of SIS. $4,000. The first
part Of this work consisted in the laying
Of a new cable between Cornwall and the
Cape Of Good Hope, which was com
plcted in the carly part of last year. The
extension from South Africa to West
Australia has just been successfully ac-
complished. leaving the remaining section
between Perth and Adelaide-to be laid
early next year.
The new route has connected British
possessions which were previously out
side the pale Of telegraphic communion
ton, such as the Islands of Ascension
and st Helena, IN the Atlantic and Rod
flSuts ana the Cocos- Keeling Islands, in
the Pacific Ocean. and has been provided
by the companies without any Govern
ment assistance III the shape of subsidy
or guarantee. kilograms exchanged with
Australia by the new route viii be trans
mitted entirely by the companies Cu-
ployes, instead Of being handled, as here
tofore, by operators belonging TO diner
ent administrations. sy this change a
accuracy Is expected TO be effected, 1t
is also mentioned that substantial rcduc-
tions of tariff. on standard reven1e"
basis have been brought into frrce for
telegrams exchanged between Europe on
the one side Of South Africa and the CON
tracing State of Australia on the other
side, and If the standard revenue is
tain h.4
VIII De further reduced to IS per VOId
on January l. 1902. aud to 2s Od ON Janu-
AIRY l. 1905. Moreover, ON the first of this
month large reductions are brought into
operation for local kilograms exchanged
between Australia ana South Africa.
which il is said viii materially assist in
developing the commercial Intercourse
that Is 50 rapidly growing up between
these important portions of The British
Empire.
The French Ministerial project aimed
at the revival of French merchant ma
rine found expression in the Chamber of
Deputies the other day, when NJ Mil
lerand, the Socialist Minister cf Com
merce in defending the Merchant Ship
ping Bouuties bill. described the law OF
1898 as an outrage on common sense. He
said that it had encouraged sailing yes
sells at the expense Of steamers. and that
last year it cost the State 25OOO.o0J francs.
From 1871 to 1882 French vessels carried
30 per cent OF French trade, but last wear
they carried only 20 per cent whereas
EnEllsh vessels carried IS per cent OF
English trade and German vessels oar
I1ed % per cent OF German trade. NJ Mil
irrand secuted Admiral Rieunier's idea |
of SurtaA on foreign vessels entering
French ports, for that system which was
attempted IN lSl, had speedily to be aban- |
d0ntd, and IL would give rise to reprisaIs |
he
mercantile marine declared NJ Millerand |
was TO give Inducements to steamers and |
Withdraw them from sailing vessels The |
Dnl would give Freuch-built vessels "A !
bounty OF % francs per ton, besides ., |
francs for machines, l23 francs for uavi-
CATION, and > francs for customs duties. |
making altogether 22i francs per ton The |
average cost Of construction being asa /
francs per ton, this would be a protection /
rather over 80 per cent.
Students who have followed the bis,o,,.
of the so-calIed national movement Of the !
Prussian Poles can have little doubt that
the trial of Polish students last week was
the direct outcome Of the campaign that
has been carried on against the Poles Of
the province Of Posen for over a year by
the Berliner Correspondent All last
winter the Correspondent" worked up
the story of a great Polish conspiracy in !
eastern Prussia which it declared wollld
hnd expression in the spring in open re-
bellion. 1t demonstrated with the Gov
ernment for allowing the Polish language
TO be taught in the schools. and it de- |
clared that the Government was blind to |
Il serious danger when it permitted Ger
man officials in the Polish districts To ac- |
luirc the Polish language. When spring
had come and gone and nothing happened
the Corresponding turned its attention |
to Russian Poland and demonstrated with
the Russian Government in similar way !
Recently the Correspondent" declared I
Lhat II could place in the hands of tba |
PruSslaH Government proofs that a CON
spiTacy existed among the Polish students |
al the universities. II is now evident that !
The Government has been forced to act i'm
the matter.
How some other German papcrs reygrJ
from a passage in an article on the sinh |
iect recently published in the "Kulnische
EulksZeitung, although the writer is an
parcntly unacqdaiuted with the real his
tory of the Correspondent s. carnpaign.
"Our newspapers complain that Eng
and is depriving the Beers of their indie
DcHdCnce. the Baltic provinces are on (
pressed IN Russia and the Transylyanian
icrmans In Hungary. Bun let us not fiat
ter ourselves that our policy toward The |
Poles is judged by different standard
tbroad Ehr .KrcuZ-ZeitIIngt
Justly observes that foreign newsDaDer |
Irticlts are OF no practical signifra nee
since they cannot do the Poles any good
moral weight II only because ihev an |
.ir,ly destroy the effect Of any comDlaints
we may make regarding The opBresston 'nf !
Germans abroad People compare, US win
The 'Gracchi de Sedltlohf luerontes, and
Russian journals scofnlHliy recommend
that the Baltic pToVincsS should ha r,toJ |