The Cairo bulletin., 1906-07-08
CZAR'S TREASURY
IN DESPERATE
STRAITS
AS CALL FOR S25 100000 TO RE.
LIEVE FAMINE SHOWS
BANKRUPTCY NEAR.
CONTROL OF EXCHE QUER.
Is Asked for BY the 0ouma, Demand.
ing That Budget Be Sailed and
That Foreign Loans BE Done
Away With in Future.

ST Petersburg. July THE debate
on the Bialystok report in the Douma
was adjourned until Monday to permi
tho consideration Ct the mini.try's
bill appropr.at ng $4,000 600 for fam
inc relief This developed the sensa.
tion Of the day, showing that the CON
stitutional democrats have finally
found a lever by which they hope TO
force the government to surrendes
control of the purse strings
Prof Herzenst ain, chaTman of tho
committee which deported the bill
revealed the important fact taat NJ
KokoysoH the finance minifter, who
appeared before The COMMITTEES, made
no effDrt to conceal iae desperate
financial stra Is of the government.
lie informed the committee that the
condition of the treasury was much
worse than believed, and even i'm,
peached The figures given in this
years budget mad by NJ. Shipolf as
conveying no adequate idea Of the real
state Of affairs He aid the govern
ment was living far beyond It's means,
and agreed that il must rctrench. but
he explained tn could not be accam-
nli he'd this year Therefore 1t was
necessary to make fresh loan TO
cover the famine relief.
BIames the Ministry.
prof. Hertzenstein said this was ex-
actly where the committee took issue
with the ministry. Parliament, he ad
ded was in favor of famine rel q
measure, and wslsla gtte more. monas
il necessary. But 1t would never agree
to new loan, for which in reality
there was no necessity. The bulge
was nIled with extravagaUt items
and money could be found by revising
the budget. This method the commit
tee propo ed should be coupled witf
the provision that the right 70 make
such reyis on belonged to parliamen
and not 10 the ministry.
NJ. Kokovsoff. who was pre- ent. re
piled to Prof Herztcnstein Th'
finance minister said he saw the traI
which had been set for him. but he
refused TO enter H. and declared that
what had been said to the committee
had been detailed 70 Tho houFc Fur
tnermore. the minister denied that h.
had proposed fresh loan. He sale
only that beyond the S7,aj0,oo0 which
II was proposed to appropr ate i'm
meliatoly. the treasury had no fund
available. and that he rum must BE-
taken temporarily from money as
signed in the budget for other puur
pos 's.
N7t the Dcurna's Business.
VI. Kokov off added that he had In
formed the committee and he repeated
il 10 tho house. that T. wa impossibl
to scale the budget, as h did not ever
include items coming over from last
year which il wa uece sary to meet
and which the recent loan did not
provide for.
New sources of revenue - meet The
full famine appropriations must be
found. said the minist-r hat IL wa
not i'm The province Of parliament tc
specify the means by which Tn
mcncy houli be raised That dut'
fell TO me government finance commit
cc. Parliament could Only specify
what was tciei. and the committe
and the minister of finance would nn
ieriafe to raj % the M uey
when NJ Kokoy OF left The trihun'
he members of tho Lcfi foliowe' hin
with cries of resign go 20 Sakha
ient" etc. hu' me Center did not
cin IN tho demonstration
u. RodotcheH and other member
n the commitfc7 resisted th1t tal
ludcet must be- scaled. and ins nustot
hat he e1tire puIpo e of What NJ
Ickoyson had said before fhc h11s-
% iortod thoi- emark This after
,oon befo-o Tire committee. 81
<okovsoH hal asserted ffaf ffs
.mount the budget % siEuod Ger tH
iquidaiion uf DE war expenses .
zoo 500 .0o1. was O. msr. E1e-. BH
is the government wanted i' cuntrac' .
bic loan rhe hrdE,, figures were /
.ernaps cXacreraf r.
esnkruptry IN Sight.
The real eauzc rf Che financial
trsif. uf the e1rerumra'. IT Rnt
bet .afi aas Us 9i fence l-
resent political r7ticv TH. sl"HHH
Ha apr-rp- lated t1 tl- bridget fp- re
uif.nc The oil i1fl trF Ht fhe Can
.sus was fhe e1m which fhe country i
.aa p1yf8e rr ffe hlIIif- policy cf
'rincc C8lfr.H- form r GOVERNOR SEN (
-aI Of fha CsrrasI-. N1V. r1le-s the t'
oveument ga como hrr t0 stay Dc {
----- Of tf.s revolution fn thc cruotrs /
be- 1ate and nation would be bank /
lpied