The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-09-10
RUSSIA Is FIRM FOR FRANCE
CAMPAIGN AGAINST GERMANY
AND AUSTRIA PLANNED.
italy wants q slice Of Africa ToO-Finan.
ciai Disaster strikes the kaiser's Em.
pirc Banks AL Over Europe Hans on
to Gold Despite Much Peace Talk.
special cabie Dispatches to Tpr SrS


leave of him in long interview. The
Governments represented by these two
diplomats had failed entirely in their at
tempts to drive wedge between France
and Russia.
Indeed Nj. Isvolskv. the Russian Am
bassador at Paris. had been authorized ia
| tell France that her proposals to Germany
were accepted by Russia as obliging her
to fulfil her full duties as an ally should
Germany reject them and follow up the
| rejection by a belligerent act. ltisunder-
| stood that Russia's strategic policy in
| such an event would be to threaten the
German rear by throwing "A sufficient force
on the kaiser's eastern frontier to keep
half the German army occupied while
an expeditionary army invaded Austria
through the North Balkans. drawing to
their army the troops OF the Bdlkan States
for the campaign against Austria.
PARIS. Sept. o.. Gold is pouring into
the Bank Of France from Berlin. ST.
Petersburg Rome and Madrid. France
is calling in its gold deposits at sight.
eight days and thirty days notice. The
Paris banks are reluctant To pay gold
on drafts and are paying mostly in notes.
| though old customers are allowed to
have specie.
The Government has been assured that
the issuance of 20 franc notes will be ac-
ceptable. though the proposition was
! attacked in 1910. and the notes are to be
! issued at once. Germany's victory in
the money market the week following the
occupation Of Agadir. which staggered
| the French market and the Bourse. il
offset. The French have turned the
tables and now Berlin is staggering.
LONDON. Sept. Q. There is still total
lack of definite news as to the extent
| OF the agreement reached between France
and Germany over the Moroccan issue
! but it may be taken as certain that there
il no disagreement in principle. This
| fact alone should be sufficient to engender
strong feeling Of optimism as regards
| the outcome OF the crisis. but il totally
fails TO have that effect The crisis re-
mains and will remain until the two
Governments make il clear that all danger
OF war Is past.
| The prolongation Of the present sus-
pense cannot but be a serious menace
to peace. The greatest danger of the
situatio now is the risk Of things drifting
| into n pocket from which honorable
re,re,t ia ;mnossible
| Tpr SuS's Berlin corresponden, tele-
prapbs this evening that black Satur-
d,y closed n tempes,uous week on the
Berlin Bourse. The conditions in New
York combined with the nervous uncer-
taintv Of the Moroccan situation plunged
the market into a semi-panic. There
vas a sharn decline ,broupbout the entire
his, no,shlv in Canadian Pacific Bal,i-
more and Ohio. Deutsche Bank and all
s,,p,e sccuri,ies All industrial STOCKS
Including iron and steel stunned heav-
Iilv The average drop was from a 10 ,
poin,s
In tho rea,,,me tho runs n, SAVINGS
hanks are increasi,r ,hroncho,t tho
country Tho Ia,es, outhrea,s J.. at Essep
wbe-a tho e,,nlovees ~ tho Kr,rns
Dre in a high state Of excitement over the
,oyr ~ va Tho r,ns con,in,eunahoied
n, Eap;csber, S,st,;n rriadr;chsbayep
N.t, aud o,her no;pts too r,u.-ous to
mep,iop The German nress bowevsr
continues on the whole on,imist;c with
,.g,rd :, tho Gina, agreement he,ween
,ha ,,,o coun,r;es
Other to,egrams re,or, ,ba, CONT
,.n,,I hor,,s and ,be nuhro nor om,os
l. Iii -, i'll H., ~