Waterbury Democrat., 1902-09-18
PRETTY BIC DEBT
Prince Victor Duleepsingh' sWill Reach Nearly $50o,O00.
HIS ALLOWANCE TOO SMALL

Note of Warning Sounded in England
 Against Strangling Industrial De,
 velopment-United States Protest in
 Regard to Treatment of Jews Meets
 With Approval in London-Eng1and's s
 Rescue Fund at Last Accounts Was
 Over $1s,ooo,ooo-
 London. Sept, ,1s.-At a meeting or the creditors of Prime Victor Duleep- singh (son of the late Maharajah Du- leepsingh of Lahore and an officer or the First Royal Dragoons), who was declared a bankrupt September 4, the chairman said the princes debts amounted to $471 ,600, of which $3oo,- GOO was secured. The debts were at- tributed to stock exchange speculation and gambling. Among the assets Is claim for S3,0O0,o0o against the Indian government with respect to the estate of the bankrupt's father. The prince ascribes his bankruptcy to the ''rldlcu- lous insufficiency" of his allowance from the Indian government. To nsaln- tain his position the prince received $35,000 yearly and his wife, (Who IS daughter of the ninth carl of Coventry received $10,000.
 London Sept, 1S.-The Pail Mall Gazette this afternoon voices the gen. eral feeling of Great Britain in sound. ing a note of warning in connection with what it terms the ''senseIess pre- judice" against and persecution of moralists. It says: Great energy and enterprise are concentrated in France, the United States and Great Britain in the invention of new ma chinery for rapid travel and it is ab- surd to permit fanatical, unreasoning opposition to strangle or seriously hamper the big industrial develop ment."
 The paper also declares that speed is no test of danger as a slow machine in unskilled hands is the most danger ous. and it maintains that thirty miles by, skilled driver is a reasonable standard.
 London Sept. 1S.-The United States Initiative in protesting to the countries which are parties to the treaty of Ber- lin of 1878 against the treatment of Jews in Rouania meets with approval here. The Globe however, the only afternoon newspaper which comments on Secretary Hays note on the subject, sees nothing in Mir Hays action but self-interest. The Globe nevertheless hopes it will lead to a check being placed on the wholesale exportation of undesirable persons from eastern Eu- rope to Great Britain and America. 
 London, Sept, 1S.-At the semi-an- nual general court of the Bank of Eng land to-day the chairman announced that the net profits for the six months ending August 31 were $3 561, ,065, making the amount of reserve fund against contingent liabilities at that date SIS, ,680, TAO. The usual six months dividend of 5 per cent was declared. The rate of discount was unchanged at three per cent.
 London, Sept 1S.-The weekly state ment of the Bank of England shows the following changes: Total reserve increased 9311 ,000; circulation de- creased 9234, ,000; bullion increased 877,519; other securities decreased 92Tl000; other deposits increased 9453.00 public deposits decreased &326, 900; notes reserve increased 9 342 GOO; government securities in- creased e100.000. The proportion of the Bank of England's reserve to lfa- bility is 54.40sp per cent. Last week it was 53.S8 per cent Rate of discount unchanged at 3 per cent