Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-12-04
BERLIN BELIEVES
OUTLOOK GLOOMY
IN AMERICA
8PESSlMISTlC ATTITUDE
REMAINS UNSHAKEN
Decrease in Orders For Steel
Rails and Discharge of
Workingmen Taken TO lndi-
cate Wane Of Prosperity,
1By walter Dunkirk. ]

tRN Walter Dunktfk.D
Berlin. Nov. 3O.-German %1nancierI
are rather pessimistic IN their view
OF the financial crisis in America. anf
do not think that the outlook ~ q
very promising one. The increasing
emigration from the United States
which has broken all records thi'
year. Is pointed 90 as a very charae'
~teristic sign OF the times, and az al
the people who crowd back 20 Europe
carry money out OF the country the
drain which viii probably amount q
more than a billion dollars, must be-
II serious ena to the prosperity OF
the United States.
Speaking about the financial crisis
IN America. President Koch, of the
German Reichs bank. said, In an in
tefyiew "a few days ago:
America must work out her "
salvation. Europe can do little on
nothing. The gold which has been
boarded and pus ava because OF the
public's lack Of confidence IN the
banking institutions Of the country
must be brought Into circulation.
1T Is the stern duty Of the Ameri-
can government TO step in, and that IN
the most energetic manner The lack
Of a central Institution for the Issuing
of notes and of Al elastic currency Is,
OF course, very keenly fclt. What the
United states nccds Is a thorough
IfAM iNAVffif VI INV NfAHftAA - 1877
must occur with even shorter inter-
walls.
THE renewed cry of the 'silverltes'
also here IN Germany that the gold
supply Is insufficient Is silly. America
has enough silver in coin and bullion.
Nevertheless she needs gold.
The only Institution In the world
not affected by the present crisis Is
The Bank of France, which sells gold
AT a premium. The FTauch people are
satisfied with the paper money Of the
country. France II rich and her debt
Is email Germany. England ana
America want gold. Al the countries
nf Europe. England, Germany. Rus
ria, italy, Holland Belgium and
switzerland are safeguarding their
gold against the American onslaught.
The main thing rs that America re-
covers her means. Prosperity there Is
81 the wane. The decreasing orders
for steel rails by the railroads and the
discharge OF Thousands of workers are
had signs.
The removal OF the MOTTO. In God
.ANe Trust" from American coins by
President Roosevelt has created quite
4 DISCUSSION here. and "a is snfe % sev
thnt M the oplnlOn aft the majority
and even in the opinion of the plcrgy
he did right.
a very prominent clergyman. nhuse
position az the imperial our pre-
vents the use Of his name HHId TO- me
when | asked him what he thought
81 the presidents action! Heartily
endorse II. but | also believe that /
iully understand why 70 many people
In America object 90 IT, Tho people Of
America, &c the impression Wc get OF
them here Is correct, are not a very
religious people. hut tho, are very
anxious to make II appear 80. They
20 70 church, when they 40 go, regu-
larry. ana their church going N a
habit like their going To- business.
When they have fulfilled their duty
Ina visiting their church. they consider
thai they have squared themselves
with the Lord aud having done so
they need not take their conscience
with them into their business ransac-
lions"
N h safe to say that not one man
In "a thousand ever noticed the motto
on the coins, bu is removal gives
the people a chance To assert them
selves az God fearing. and II costs
nothing 20 protest, so why should
they not DO 30
II IL aid IN the Holy Writ Thou
cannot serve God ane mannon. and
Tor that reason | hin u is e pretty
good idea 20 keep the name OF God
on the coins"
Another clergyman whom ! asked
replied tcrsely, The coins liz the re-
ligion OF America. so why should he
not be allowed 60 have some religion
on his coins2"
An Germany ~ shocked az the dis
covery OF graft and blackmail among
the police of Hamburg M Lubbock.
% has been proved beyond a doubt
that although there are SUPPOSED to
be no d~isreputable houses in these
.HHaL. NJ amNa .n. III go -. aA.
hundreds. but they are under the pro-
lection CT the police. who collect
hlackmal FROM them regularly.
The money. which amounts TO many
thousands mark "a month. Be- put into
Ct FUND against which police officials
draw FOR vacation money n pleas
urts which would be beyond their
reach were they TO exist on their
rather mcager salary.
An Investigation Is under way and
wholesale discharges OF high police Of
hcials are expected N day.
The milk p%asteurizing plant donat-
I'd 10 D. old city OF HeidelherE by
the NeW Nork millionaire. Nathan
Strauss. "a which was opened q
short time ago. b. already q great
success and everyone is nrsislng the
American philanthropist. who has set
such a splendid example for wealthy
NHHAN NafiH. ANN MNANa MN|N - SUPP
piled ouly' to poor families with
babies. d. taken from COWS that are
under medical control and that have
been l~uoCulatcd with fuberculiu. -Four
iinds OF Mir are supplied. one FOR
babies from one Go four weeks old
and Others Tor babies between one
md three months three tu .iN and
six 10 BOP months old
A law has been passed lu Holland
which imposos ulnu every working
man earning Jess than One thousand
gulden. the dutf nf securing an Hn-
nuity for himself
Half of The premiums must De- pald
hy the EN- ioA cts and th. state WtIl
contribute three million dollars Il
for s~eveuty-nVe years toward thc
Crown Prince Fdercrick william
has " desk AN tht prussian home
afhce while De- Ga studying the husl-
ness of administration has gained thc
reputation 81 being tho most puncfual
CLERK Foo the department Pour ur rVc
days a week be arrives az the office
- htceu ~ twenty minutes before q
O'Clock. having mutored from Pots
dam. This -nrcsssitafcs hts arising al
half past 6 Although he o. tempo
fairly q civil official the rrinco pre-
fers not 10 discard his beloved unit
form. bat doeH his work in the an
- "