Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1904-02-09
DIFFICULT RAISING FUNDS.
Goth Nations will Find Hard Work
Getting Cash.

Paris Feb. S.-Public attention is
rivited on the ominous war cloud hang
inC over the Far EaSt ana for the time
being. Dreyfus. the Humberts and the
eXpuisops of the religious orders are
temporarily forgotten. The newspapers
reflect the public feciing-that war is
very near at hand-onlv the conseTva-
tive maintaining that II pacific solution
is possible. 1t is noticeable that those
having government relations take a
discouraging view. Official opinion has
clearly turned toward the pcss;mistiC
side. although not vet ready to con-
cede that the last chance has gone. The
officials, are, hoUeHc or. convinced that
RUSSIA will not yield to JHpan's de-
mand.;. relative to HTinc!uria. so that.
If war depends on that issue. it will BE-
for japan to MAKE Il final decision.
Mr. Leroy Beaulicu, the eminent
author and authority on Russia and
thc Far East. being asked what h"
thought of Russias controversy with
Japan. made the following significant
reply:
IN the event Of war, I am convinced
tl;nt neither party Will he able to con-
ulcr the other. That is. Russia will
moi ba BILE TO penetrate into Japan and
administer a conclusive and lasting
overthrow. and Japan will equally be
unable to penetrate into Russia and
give lasting effect to any temporary
truniphs."
NJ. Reaulieu seemed to base his con-
viction on the fact that after the first
great battles the contestants would find
xlNr &C
to make decisive hostillties inpossi-
BE.
NJ. Declasse does not conceal the
gravity of the situation but he holds
that even If Diplomatic rupture &C.
ours this does not mean an immedi-
ate outbreak of hostilities One of the
leading diplomats asked N. Delcassa
whether he considered war a matter Of
u few days.
ION the contrary" the minister re-
Piled: Il do not believe it likely to oc-
cur for month or two. even should the
| negotiations completely fail"
| The raising of war funds is consid-
! cred here as being one Of the most vi
tai questions. should the negotiations
| fail. Therefore. a leading American Of
! fetal sought to learn whether Russia
would be able to issue loan and raise
| more money here. He consulted with
one of the important and eminent fl
nanciers of France, connected with tire
Eank of France, and this brought out
some surprising statements concern
| ing the enormous indebtedness Russia
| has already incurred EeTe. According
( to this financier. Russia s four loans to-
! tai the colossal sum OF Sl.400. 9G0, $50
most o. which came from Francs. Rus
STA has row practically used up these
loans on building the trans-Siberian
road. the new fleet and internal inn
provements in the waterways. The
! trans Siberian line alone has proved j
| terrible drain. the deficit. last year
reaching S2O,000.000. Therefore. IN the
| event of conflict. Russia mus Lave
more sinews of war and it is the cen
oiusion of the finarcier from the fore
| going facts that she is not likely to
place Il further loan in Paris, where
heretofore has been her chief financial
reliance. On the other han.l. tn, dirIc-
matist compared this with the an
nouncement, Saturday. from Toxic
that Japan has succeeded in securing