The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-03-11
GERMAN GAME SIMPLE
Kaiser Bid High and Then Accepted
Discount, but Gained.

Special to The Journal.
Chicago, March lO.-A staff CORE
spondent Of the Daily News cables from
London as follows:
"Germany's game at the Algeciras
conference was simple thruout. She
played for all she could get. Finally
she takes much less than she asked, but
she has gained an unquestionable right
to voice in the affairs Of Morocco,
which M. Delcasse denied her. Later
on she will use this right in bargaining
for free hand in Asia Minor and Mes
opotamia.
America will be interested to know
that Ambassador White contributed
largely to the compromise. His private
efforts in the direction of Cancellation
were unceasing. He alone of the neu-
trail delegates was consistently opti-
mistic. He said in private letter a
week ago, he expected to return to
Controlling Factor. FL
The controlling factor of the whole
situation has been the imperative fnan-
cial need Of Russia. With the confer
ence in Session it was impossible to float
Russian f6an, and without a loan
Russian financial collapse was inevita-
BILE. Statesmen turnout Europe were
well aware that such a collapse would
spell ruin to both France and Russia,
besides smaller safes like Holland and
Belgium, which hold Russian bonds
England is not directly interested. Still
she would suffer Indirectly.
Hence by far the greatest interest of
Europe now is the re-establishment Of
Russian security. This fact Influenced
both the kaiser and Premier Rouvier
more than the efforts on the part of
King Edward, tho doubtless better re-
lations between uncle and nephew
helped matters.
There is good reason for believing
that when the conference is over Lon
don will take prominent part in avert
ing financial crisis in Russia. Thanks
to Lord Lansdowne and Count Benck-
endorf, Britain and Russia are on bet
ter terms than ever before. Count
Benckendorf is expected back from
Russia next Wednesday, and he returns
| with full powers to negotiate an Anglo
Russian understanding. Conditions are
favorable, since the douma is really to
meet. The British public and also the
London market are much more likely to
| lend money to constitutional govern
| ment than to an irresponsible grand
ducal ring.
~ Friendly Intercourse.
The friendly intercourse between the
two countries Is already remarkable,
| This week a prominent Russian land
owner, who is sure to be member of
the new douma, is visiting England fol
the purpose Of examining British meth,
DDS Of finance. He has lunched at the
Bank of England, and was given let
tiers of introduction to all big financiers
here. He hopes to bring before the
douma scheme modelled upon British
experience for the reform Of the Rus
sian national bank.
Recently, also, M. Mononoff, head of
the Russo-C Chinese banak in Manchuria
during the war, arrived in London. He
knew no one here, but had letter of
introduction from an English war cor
respondent to the brother of well
known banker. He was Immediately
| invited to a large dinner party, at
| which he sat next to Arthur Balfour,
| and was introduced to. several cabinet
ministers. T have no doubt that the
Anglo Russian entente will soon equal
| the Anglo-French in Importance.