New-York tribune., 1902-07-13

lohs AOi NV 'oiS 26o Inc pnd'itpi-i NiaHioiNS'
who never existed, found ten proniipent and
able Paris lawyers TO take up their brief for
them, and now Nine du Cast a widow, but
actually alive, cannot find single lawyer to
act in her behalf. simply because she deems that
she has been hbelled by distinguished and
popular member Of their CLOTH
Up to Thursday ideal wheat weather prevailed
in France. Wheat is already cut in the South
ern and Central departments. Some slight dam
age was caused by hail and wind in the last
two days, but experts stick firmly to the esti-
mates cabled last week, which place the French
wheat crop of 1902 at 100000 hectoltres, or
316, ,O00,000 bushels.
Although only six weeks in Office NJ. Rouvier
has shown such a masterful hand in the way
he has begun the formidable task Of putting the
national finances in order that he is acquiring
in his department a control almost absolute
as that exercised in the foreign relations of
France by NJ. Delcasse.
NJ. Rouvier's scheme for the conversion of the
31a per cent French rentes into per cents, which
adopted unanimously by the Chamber and
the Senate. has ELECTED unequivocal approval
from Baron Alphonse de Rothschild Mr.. J.
Pierpont Morgan, who passed two days in Paris
this week. before returning to London, has also
expressed a high opinion of the way in which
the new Finance Minister has begun operations.
In banking circles 1t is thought that NJ. Rouvier
will soon enjoy in France q prestige equal TO
that of Lord Goschen in England NJ. Rouvier
has indeed applied the same principles to the
conversion of the French 81 per cents as Lord
Goschen applied with such marked success to the
reduction of per cent consols to 21a per cents.
NJ Rouvier's conversion of the 31a per cent
rentes is one OF the most important financial
reforms undertaken by any Finance Minister OF
judged from the fact that it affects invested
capital of one and quarter miiard dollars
and puts the entire funded debt of France
amounting to nearly four and a half millard
dollars, on a per cent basis. The operation
will go into effect on November II, when the
last 81 per cent coupon will be paid. This con-
version accomplishes an annual saving of
S6,500,o00. This will be of some relief to the
Budget, but as the deficit in the Budget is this
year estimated at S55.ooo,0oo NJ Rouvier will
have TO devise additional means to make both
ends meet. It seems pretty we'll settled that one
OF these measures will be a loan of
S1000000o0 at the end of the year. which Will
give time for promised fiscal reforms and
able M Rouvier TO carry out his pet scheme of
consolidating the floating debt as he has al
ready done with the funded debt This new
loan is highly favored in influential banking
circles, because the prodigious amount of
employed capital aceumulating here surpasses
all precedent. This week the gold In the Bank
of France exceeds S513, 600 900 which is said
to be the largest amount OF gold ever held at
one time by any banking institution in Europe.
The Paris season ended, society butterflies are
taking wing for the mountains. the water
cures or the seaside. Senator Depew and Mrs.
Depew have been enjoying themselves immense
ly in Paris They dned last night with the
Vicomte and Vicomtesse Leon de Janze at
the PuteauX Island Club, where the tennis
tournament games have been played during the
week. the American team, consisting of
Spaulding de Garmendia and Ellis Hoffman,
defeating the French team. Lecaron and Le-
breton. Among the spectators were the Du-
chesse de Morny, the DucLesse de Valencay,
Mrs. and Miss Taylor, Miss Singer and Mrs.
Ellis Hoffman.
William K. Vanderbilt, jr., has arrived IN
Paris from Lucerne by way of Stuttgart in his
automobile. Mr.. and Mrs Foxhall P. Keene
have left Paris on their automobile for a tour
in Normandy. Mr.. and Mrs. Edmund L. Bay
lies of the American Special Embassy to the
coronation, hav> arrived in Paris from London.
The marriage OF Miss Margaretta Lawrence
and Mr.. John Chase of Albany, n. Y, will
take place quietly in Paris on July 10 at Mrs.
Lawrences apartment in the Avenue Mon
tagne.
Mrs. Lorillard Spencer has left Paris, and is
installed in her villa, Dreilinden. near Lucerne.
Mr.. and Mrs. Walter Cramp and Mr.. and Mrs.
Samuel Cramp spending a few days at
LUcerne, where L. c. Hanna, brother of Senator
Hanna. has arrived for six weeks stay with
his family. Mrs. Augustus Hemenway Of
Boston, has left AK les Bains with her chill
dren in her automobile for Vevey. Among the
arrivals at AK Mrs Sybil Sanderson- Terry,
Mrs. Slater and Lispenard Stewart.
Miss Bessie Abbott, Of the Paris Opera, and
her mother, Mrs Pickens, are staying at Mont
d'Ore, taking the cure there. Mr.. and Mrs.
Theobald Chartran are giving series of Vene-
tian parties and soirees, with music and IL
luminations, at their island villa at Clarens,
near Geneva. Mr.. and Mrs. Marion Crawford
passing the summer at their villa at Sor-
rentO, and making yachting excursions with
few friends along the Calabran coast.
Amcng the passengers who sailed to-day on
the st. Louis from Cherbourg for New-York
are Commander w. S. Cowles, Mrs. Cowles Miss
Helen Roosevelt, Rear Admiral Watson, Lieu
tenant Watson and Richard Croker, jr.
c. l. B.
SIR CHRISTOPHER FURNESSs OFFER.