The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-03-17
FRANCE READY URGE PEACE
HARSH TERMS FOR RUSSIAN LOAN
MEET WITH APPROVAL.

Cars ANY Realizes the Dimculty OF ne
COnquerinG Manchuria - VIII fnnst
That Russia Retain Railway Con,
trol-Beriin May Advance Money,
Special Cable Dsspdtehss 10 THE SUN.
PARIS, March 10 The attitude Of the
! French bankers in imposing harsh terms
| in return for the new Russian loan Is fully
! understood In political circles here.
While Russia's policy remains what II IL
| the bankers realize the hopelessness Of her
! efforts 10 obtain a Pacific empire. There
is reason 20 believe that the French Govern
ment is advising Russia to relinquish the
dream Of accompanying ManohuriH'
Two COURSES would meet with French
approval either Withdrawal beyond the
Amur River. leaving the strongholds gar
Tisoned, or a declaration Of willingness to
accept peace provided the whole Of the
Trans-Siberian Railway remains on Russian
territory. The Trans-Siberian Railway
must, at whatever cost, remain Russian
possession If the peace is meant TO be per-
manent.
Politicians think the maintenance Of
Vladivostok in Russian hands would meet
with the approval Of the British and AmeH-
can Governments as establishing an eHeo-
tive counterpoise 10 japanese predominanoe
on the Pacific. There Is reason 70 believe
that France would advise the Gar 10 yield
to peace suggestions were the possession
Of the Trans-Siberian Railway assured TO
Russia.
ST PETERSBURG. March i6-The severity
Of the conditions under which the French
bankers consented to undertake the Rus
sian loan forms the absorbing topic Of con-
versation on change. It was by no means
expected that Russia would be able TO
raise only 600 900 900 francs (tl3O 900, Ooo)
on a S per cent loan, Reasonable In eight
years, issued under 90 and with com
missions, undisclosed but known TO be
large, to the issuing syndicate.
A representative here Of one Of the Berlin
houses which issued the last Russian loan
said to-day when Questioned: 4 have
never doubted that the present loan would
be raised. II all depended upon the terms
that Russia would submit to. She will be
able to borrow again II she makes it worth
the lenders while II is quite conceivable,
however, that II she hypothecates her
resources Unfortunately she will not
be long in reaching the same financial
category as Turkey
No small sensation was created to-day
by an article by Prince MestcherslCy, editor
Of the Grdshddnin. This personal friend.
Of the late Gar, who is an adherent Of the
established order Of things, advises the
government 10 conclude peace Immediately
He says that Russia must choose between a
continuation OF the war, without hope Of
success and with the certainty Of an interval
Of shipwreck, and it's termination, followed
by the salvation OF the country and by It's
renovation. He adds:
let US have the heroic strength TO con-
fess defeat before the world. The oondi-
tons that can be obtained now when VlRdi-
vostok and other Russian territory in the
East are in our hands would be more favor
able than would be the case when Vladi-
vostok and Saghalien are japanese
BERLIN March l6.-It Is believed that
negotiations are going on here for a Japa-
nese loan or part Of a loan. The Deutsohe
Bank Is mentioned IN connection with the
subject. II is understood that the bank
Is willing TO take up part Of a loan indi-
recty through its agents In London and
New York. ... ...