The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-02-15
M rs MA,tauIsE DIE roNrBNor.

WING; to disscnsinns bet;ycnn mo
Russian Premier Stolypin ana
W. Senator w. n EokovtzoT, who
Is at tho head OF the treasury
tho Car is about to lose the services OF
minister OF finance who, despite the
war with Japan tho rebellion In the
Caucasus. bad harvests, famine ana cpl
denies. both of plague and cholera, has
nevertheless managed during tho last
five years to maintain the equilibrium
OF Inc budget and to restore Muscovitc
credit. at home md abroad. to such an
extent that Imperial government bonds
nave an average quotation Of oG per
cent.-a very high figure indeed when
one bears In mind all that has been
printed by experts OF political economy.
native n as we'll as foreign. to the ef-
; p;ankrnrtc%. not only impending, but
also inevitable. Indeed. he Is regarded
In Paris. in London and in Berlin rs
having accomplished wonders with tho
Russian treasury. and his resignation
from Office is certain to cause a marked
crop In the bonds OF tho imperial gov
eminent
Premier stolypin, while the ablcst
statesman that Russia has produced
III Two generations, Is extremely auto
cratic, and insists upon having coll
~ all those who were independent
enough to entertain opinions different
10 his own have been eliminated, one
of the last 10 80 being 1zwolsk now
amba saaior IN Paris and whose place
as minister OF foreign affairs has been
taken by Stoyrin's brotherin la ".
Sassanom.
Fokov,zon enjoys 10 so great an cx-
! tent the personal favor of tho Emperor
that StolNpin did not care to demand
MS removal. All the more as Kokovtzor
mas repeatedly hcen mentioned In The
press and put forward as Stolypin's
inevitable successor in the prc!niership
But by nlling all the other posts OF
ministers with men devoted TO himself.
bai irt.
TO vote down every project pu, for
ward by kokovtzoT, to such an extent
hat his retention or tho post or min
bic. His place viii be taken By some
body who Is quite as much devoted.
body and soul. TO Stolyp,n as are the
remaining members OF the adninis
tration.
Itokovtzon. who, it may bc remem-
oered was present at the assassination
q the great Japanese statesman Ito
noen Identified With the Liberal party
and Russia is Indebted to him for every
one Of the reforms In penal LEGISLATION
and the organization and management
Or her prisons that have taken place
during the last quarter or a century.
Russian prisons arc still far fran bear
America, but they arc incomparai,ly
better than they were twenty flvc
Years ago, and tile management. on the
whole is humane. any abuse Of author
tanning honesty and discipline among
the officials charged with that particu-
lar branch OF the government adminis-
tration.
It was In 1890 that Kokovtzon nrst.
became identified withthc treasury de-
nartment and from that time forth he
has had very active share in the III
rect!on az the economic and financial
policy OF tho empire. is acquainted
with the leading foreign bankers. and
enjoys reputation In the various
| n l.. y,
TO that Of his former friend ana coll
league Witte Tic IS about ffty-ninc
years OF age. renowned both at home
and abroad FOR his Integrity and stcr-
ling honesty and has possessed In an
altogether exceptional degree the con-
fidence and favor Of three successive
Emperors Of Russia. namely, Alexan-
der r. Alexander III, and the present
Emperor
The title Of minister OF finance CON
vcys but little idea OF the power and
extent Of his authority. Thus. the gov
eminent drink monopoly, which yields
revenue to the treasury OF no less