The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-05-20

BERLIN, May 5.-Another crusade
against the introduction of American
securities into the German market has
been launched in connection with the
project to list $4,O0O,OOO A per cent.
first mortgage gold bonds of the South.
ern Pacific and San Francisco Ter
minal Railway on the Berlin Stock Elk.
change.
The flotation is proposed jointly by
three of the strongest banks in the
country. Opposition to the project, as
in the case of the wrecked negotiations
for the listing of 100000 worth of
Chicago, Milwaukee and st. Paul Rail-
way shares, is led by the anti-Ameri
can Agrarian press, notably the Deut-
sche Tageszeitung, which declares that
"the sooner notification is given from
the proper quarters that the Southern
Pacific bonds may not be listed in Ber-
lin the better it will be for the gen.
eral situation and for German eco
nOmlC COnulJlOQS.
The ostensible reason for the desire
to exclude the bonds is that the German
money market is more than fully &C.
cupied with home necessities. The
Tageszeitung says:
"Since the Government decided to
bar the Chicago, Milwaukee and st.
Paul issue the situation has in no way
improved. On the contrary it has
grown worse. German industrial cor
porations are outstripping one another
with increases of capital, which must
sooner or later be found. The demand
promises to become so enormous that
the facilities for absorbing superfiu-
GUS and injurious foreign securities are
less than ever. German banks, indeed,
will find difficulty, even with the aid
Of foreign call money, which they are
accustomed to employ, in meeting the
great requirements of the immediate
Herr Dernburgs vigorous plea for a
broader-gauge view Of the foreign Sc
curities question has brought torrent
of abuse down upon the head of the
ex-C Colonial Secretary from the chronic
anti-American elements.
LONDON TO HEAR JUsSERAND.
LONDON, May 5.-The British Acad-
envy, the foundation of which was an
nounced some months ago, occasion
ing mild surprise and amusement, and
about which nothing has since been
heard, now issues a statement that
"the first annual Shakespeare lecture,
founded by an anonymous donor, I'M
der the auspices of the British Acad-
edy," will be delivered on July 5 by
NJ. Jusserand, the French Ambassador
at Washington
FRENCH COURT FOR WRIGHTS.
PARIS, May 5.-The Third Civil Tri-
bunal handed down a decision today in
the suit of the Wright Brothers against
several French aeroplane manufacture
ers for an infringement of patents.
The court upheld the contention of the
plaintiffs in principle, but declared
that it did not wish to render a def
mite decision as the outcome of avia-
lion was too new to admit of an ar.
oitrary finding in such a case.
Therefore, the court appointed three
experts to investigate whether there
existed aviation discoveries. calculated
o disprove the priority of the Ameri-
IAN aviators' invention and patents.
The Wright suit against Santos Du-
mont was however, dismissed on the
ground that the defendant constructed
leroplanes only for his personal use.
In the suits instituted at Paris Will
'ur and Orville Wright alleged that
he defendants had infringed their pat
9nts, which covered inventions pecu-
lar to their machines, laying special
tress upon the warping wing princi-
lie, which they claim to have develop
ID and patented in 1903. The defend
lnts disputed the priority of the
Wright discoveries.
BANDIT WRITES TO POPE.
ROME, May 5.-Of the three remain. !
ng Italian brigands, all of whom are
n prison for life, perhaps the most
ational is Salomone-the others are
insane as the result of long coHfine-
nent-who a few years ago wrote the
tory of his life in verse. He has
-lso developed an astonishing talent
or caricature.
Salomone has now addressed a let.
er to Pope Plus X in which he ap.
,eals to the Holy Fathers mercy and
-sks his blessing He explains the
of his first murder,
which was by no means his last. In