Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1912-10-09
NEWS FROM FATAERLAND.
YIN ~ 4 5z5E&1 - 81 h
"A Brief Resume Of tho Most I'm.
portant Happenings In the
German Empire. ..'ss.

II
portant Happenings In the
German Empire.
The delegations Of Austria and Hun.
gary convened at Vienna, and they
were received by Kaiser Franz 10
.seph. The committee on military at
fairs accepted the navy budget.
Most Of the speakers emphasized the
need OF a strong navy. Kaiser VIII
helm was highly pleased with the
great naval maneuvers in the North
Sea.
More than seventy mass meetings
were held simultaneously in different
sections Of Berlin to protest against
the high cost of living. In view of the
indignation prevailing among the poor,
the police are taking unusual precau-
tions against outbreaks of violence.
Statistics published from official
sources show that since September,
1911, the retail price of meats, includ-
ing beef, mutton and pork, has risen
enormously. The German working
man pays "a per cent more for fresh
pork than he did year ago. It is
said most Of the families in the poor
or sections of Berlin practically have
given up meat as q food, substituting
black bread, cheese and the cheaper
kinds of fish. The mass meetings
called on the reichstag to convene for
the purpose of taking up the problem
Of reducing the high cost of living.
Former Sheriff J. w. Dreger, Of
Minneapolis, who Travelled extensively
in Germany last summer, said upon
his return: There is a feeling Of
unrest in Germany. Taxes are high,
the cost of living is high. There must
be an economic change some time in
the not too distant future. From
what I saw should say the crown
prince is more popular with the peo-
pie than the emperor. He is very
democratic young man, takes parti-
cular interest in the children of Ger
! many and is popular despite the ru-
mors Of friction between him and his
father. heard little war talk in Ger
many. At Merseburg I saw the gath
ering of the army and listened to a
military band concert when more
than 1000 musicians joined in play
ing the national airs. It was wonder
full. There are few laws regulating
the sale of liquor in Germany. And
yet did not see an intoxicated man
on my trip in the country. The Ger
mans do not drink strong drinks, they
drink their beer slowly, and they do
not have the treating habit. That is
| the solution of the trouble"
Berlin.-Electric sleep which may
be turned on and off at will, Is the
alluring prospect offered to people
suffering from insomnia by DR.. Nagel-
schmidt. He asserts he has devised
new form of electric current which,
when applied to the base of the brain,
will produce narcotic effect to be
maintained as long as is desired.
From the newest photograph of the
kaiser and those dearest to him the
crown prince is absent. In the picture
are two sons of the crown prince, to
whom the emperor is devotedly at
tached, and Prince Adelbert, the Kais-
er's third son, Germany's sailor
prince, who, while he has sometimes
angered the emperor by his escapades,
has never dared to combat openly the
desires of his father and sovereign.
In view of the fact that the govern
ment in Washington is seriously con-
templating the establishment of feder-
al tanks after the pattern of the Ger
man mortgage banks, it may be we'll
to look at the matter more closely.
In 1899 a law was passed by the Ger
man reichstag authorizing the
Enlistment of mortgage banks to do
a business somewhat similar to that
done by the landschaften societies,
only in much broader field. To give
conservativeness and safety to the OPP
erations of these banks, the law re-
placed cooperation by government SUI
pervision. The inspection exercised
by the German government over the
mortgage banks is of the most rigor-
GUS description. The state inspectors
can at any time examine the books
| of the mortgage bank and satisfy
themselves that the amount of mort
cages and their securities on hand is
sufficient to cover the existing issue
Of mortgage bonds. A government
official attends all meetings of the
boards of directors and general meet.
ings of the banks. Should he deem
it necessary, general meetings must
be called at his request; and, if the
| directors fail in this respect, notices
for general meeting are issued in
his name at the cost of the bank The
chief service which the mortgage
bank of Germany render to the farm.
ers of that country is that, being per.
manent institutions they are able
to issue loans for very long periods,
even up to seventy-hve years, and the
! farmer is thus given an opportunity to
repay his loan through very long
amortization. Beyond this, they Sc.
cure this money at lower rates of in.
terest. That they have rendered gen.
: uine service is shown by the enormous
! business which they have done in the