The Kendrick gazette. [volume] (Kendrick, Idaho) 1892-1968, 1904-05-13
NEW RUSSIAN LOAN.
Cost OF War Enormous-$25o,o 600. GOO
to June

Cost OF War Enormous-$25o,o oo, 900
to June 1.
An authoritative statement has been
given to the Associated Press from
Inc highest government source con-
corning the details and circumstances
OF the new Russia loan. as follows:
Inc situation has been much chang
ed since our interview with M. NIECE
slas de Routkowsky, the Russian fnan-
cial agent in London. April 20. The
conditions today on which the loan
is based are as follows:
The cost OF the war for the first
i've months, up to June 1, including
$22,5oO,O00 for railroad equipment, is
Sl25, 100000. After June 1 the month
ly cost OF the war will be $4,000, 900
for the navy and $15,00O,OO0 for the
army, at the front, making the total
war expenses about $245, 100000 for
the year closing January 1 next.
The first part of the war was more
expensive than the latter, owing to the
cost OF mobilization and the general
expenses incident to setting the ma
chinery of war in motion. Against
these expenses we may have certain
economies, namely, $30,OO0,0OO on the
ordinary budget; $27,50O,OO0 on the
extraordinary budget, and $500 900
on previous budgets, making the total
economies s67,O00,OOO.
Port Arthur Captured.
A Japanese army of 10000 to 10000
men has landed behind Port Arthur,
captured the railroad and is in fun
possession of all the roads. 1t is pre-
sumed it will proceed to besiege Port
Arthur, which is said to have gar
rison of $4,000 men, provisioned for
Is months.
A Japanese army is proceeding to-
ward Fengwancheng, northwest of the
Yalu river, where the Russians are in
force. Russian plans are said to be
to defend this place, but there is a
possibility of abandoning it and pro-
ceeding northwaru.
| Russians Retreating.
A Japanese army has entered Feng
wan cheng, the Russians fleeing with
out giving serious battle, according to
report sent to Toxic.
A Chefoo dispatch says the Rus
SLAMS will blow up the battleships and
cruisers in Port Arthur harbor, will
destroy the Notifications and will spike
the guns, leaving only an empty shell
for the Japanese to capture.
Dalny, near Port Arthur, is to be the
scene of the next Japanese attack. al
the Japanese need better harbor IL
which to send stores for the army OF
the peninsula.
The Russians are said to be planning
to retreat before the Japanese unit
the Russian army is sufficiently larg,
to- overwhelm the Japanese. Mean
while General Kouropatkin is to hav'
a free hand.
Mondays War News.
A World special from Shanghai say
the Japanese have captured Dalny
Dispatches from Japanese sources sa!
the place has been invested.
1t is declared that the Russians hav'
begun to move their guns from New
chwang and that the place will be de
serted, if it has not already been &C
cupied by the japanese. The foreigl
inhabitants there are demanding tina
gunboats be sent, as they fear the ban
dts will attack the town when thu
Russian troops leave.
Stories Of the battle of the Yalu tel
OF the wonderful dashes Of the Japa
nese across level plain in the face O
a whitening fire and the capture o
Russian heights.
Official dispatches to ST. Petersbur,
| tell of Russian losses of about 300
men at the battle of Yalu river. Fear
full carnage was caused by the we'll di
rected fire Of the Japanese artillery
There were desperate bayonet charges
when the combatants got into close
quarters.
General Kouropatkin's plans arr
still unknown in St. Petersburg. Specu
lation as to how far he will retreat be
fore he makes determined stand ART
widespread. 1t is admitted. however
that the japanese are in full posses
sion Of the lower end of the peninsula
and of the mouths Of the important
rivers.
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