New-York tribune., 1905-08-30
FEELING IN THIS CITY.
Russians Elated by Peace Terms, but
japanese Are Indignant.

In this city the news of an agreement at
Portsmouth between the ENJOYS of Japan and
Russia was received by Japanese and Russians
with directly opposite feelings, although both
were pleased with the prospect Of an early ces-
sation Of hostiIities in the Far East
The local compatriots Of NJ. Witte regard the
terms Of the peace agreement far more favora-
BILE to Russia than they had ever hoped would
be made and attribute much Of the credit for
it TO the diplomatic sagacity Of their senior
plenipotentiary.
On the other hand deep disappointment and
dissatisfaction was expressed by Japanese. who
do not hesitate to show their resentment. A
Japanese who is in the government went so far
Is to predict the downfall of the Katsura Min
istry and the obliteration of Marquis Ito as an
important political factor in Japan.
Toxic, this authority declared. is likely to
see political revolution. that might also result
in Baron Komura being deposed and Minister
Takahira being succeeded at Washington.
Besides the mutual satisfaction that the har-
rowing sacrifice OF life and devastation of prop
erty in the east, the result of year and half
Of desperate conflict waged without armistice or
truce has been thus terminated. the Russians
and Japanese join in only one other common
expression of sentiment-the glorifcation of
President Roosevelt.
Both sides recognize in him the man whose
Initiative brought about the Portsmouth con-
ference, kept il together when the outlook for its
success was indeed gloomy and whose con-
tinued efforts for peace and humanity have been
rewarded with the consummation of a task
which no other person would undertake and
which is to be of benefit to the world
AT the consulates of the two countries official
business went on uninterrupted by the world
important announcement from the scene of
treaty negotiations. Sadazuchi Uchida the Jap
anese consul general left the city early in the
day for Lake Mohonk, and will be away for
TWO or three days. The only expression the
result of the conference was by an attache, who
said: I'VE are glad the war is ended"
Nicholas de Ladygensky, consul general of
RUSSIA, would not even venture that far. lie
declared that the rules of the Russian service
forbade consuls general the discussion of diplo-
matte or political affairs.
Il Will say, however" said NJ. de Ladygensky,
land this is a matter that. concerns my office,
that hope the conclusion of peace will result
ia greater volume of trade and closer COM
mercial relations between the countries.
With the war at an end. l look for great
growth in trade"
At the Nippon Club. in West s5th-st. last
night, the same spirit of indignation prevailed
Most of the members who were there expressed
their views in language that could not be con-
strued as ambiguous The opinion of the major
ity that Japan deserved better terms.
Regarding the future financial and commercial
outlook in Russia Walter KutZeb. local man
ager of the Russo-Chinese Bank, said to
Tribune reporter that it was never brighter
He said:
II means a general restoration of confidence,
and money that has lain idle in Russia during
the war win now find investment in the vast re-
srirrces OF the empire
one other effect Of the successful negotiation
OF a peace treaty will be a tremendous increase
IN the financial transactions between the United
states and Russia II WILL in fact, divert 10 this
country much of the business which heretofore
has been done in Europe And all the cIealt
for this IS due to President Roosevelt, whose
great work in behalf of peace will receive the
oonmendation OF the whole world
As no loan. II is probable that the American
hankers will participate in IL. they have In
rrevious loans. Money for Russia has not been
tight in the foreign markets at any time. ana II
- baen secured on very terms. Now, or
Course the financial conditions viii be even
befter.