New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-08
WITHIN AN ACE Of WAR,
SAYS SIR EDWARD GREY
Agreement Between the Powers
Only lust in Time to Prevent
Great ConfIagratIOn.
MONTENEGRO WILL RESIST
Clash Between Little Kingdom
and Austria Appears Inevi-
table - Stock Market
Prices Lower.

London. April S.-Sr Edward Greys
sueech i'm the House Of Commons yes
terday caused considerable sensa-
ton. In few weighty words the For
eign Secretary made revelation
which miSht well send thrill through
ont Europe. He said: "The making Of
the ageement Of the powers about Al
bania was essential for the peace OF
Europe. and. in my opinion. it was ac-
complished only just i'm time To pre-
serve peace between the great powers" "
To put it another way. Europe has just
narrowly escaped what would have been
the greatest and most calamitous war
of modern times. Sir Edward made il
clear that actual military operations
were not to be employed without fur
their instructions. but his statement
was not entirely satisfactory to his
own supporters i'm the House. who COM
plain that England is helping TO pull
the chostnuts out Of the fire for Aus
tria.
The Foreign Secretary made great
play sith the point of the right Of the
powers to intervene. a right which now
rests upon the fact that Montenegro IS
opposing the very policy Of nationality
on behalf OF which the war started.
This seems TO show that the confer
ence Of the powers has been showed
under by Austrian statements as To the
nationality Of the population Of Sou
tart. Sir Edwards words on this point
were as follows
The war now proceeding has long since
ceased 10 have any bearing upon the war
between Turkey and the Balkan allies or
10 be a war Of liberation. The operations
now being conducted by Montenegro
against Scutarl are part OF war OF con-
quest and there is no reason why the
same sympathy felt FOR Montenegro ana
other countries contending for their lib
,erty and national existence should not
u lc extended 10 the Albanian populations
Of Scutarl and the district. who are MAIN
ly Catholics and Moslems and who ara
contcnding Tor their land. their religion
and their lives.
n g. because We believe il rs in ac-
cordance with humanity. with liberty and
with justice and because We know that
the peace Of Europe depends upon the
T
ers most directly interested that we have
/ undertaken the honorable obligation to
I take part i'm the action now proceeding
10 uphold the agreement and make Il
/ respected.
IL Is thus quite evident that Austria
informed the other powers that if they
did not assist her i'm bullying Monte
negro she was determined 10 take in
/ dependent action. She has already a
large military force assembled ON the
Montcnegrin frontier but Montenegro
certainly viii rot give way without
| lighting. and therefore she powers now
ind themselves in dilemma which
can end only IN "a tragedy or farce.
Montenegro I'm an probability would
take compensation but such compensa-
tion must be territorial and not anan-
ciaL She viii not be content with a
few square miles OF marsh and barren
mountain which the powers have con-
temptuously thrown her
The stock markets. were depressed
Yesterday owing TO pcsslmistlc com
mcnts ON the subject OF the domonstra-
ton of the powers. a step which may
lead to complications between the al
lied Balkan states and Austria. There
was. however very ht,le evidence Of
genuine selling ana after prices had
been marked down to the degree the
news was supposed to call for few
buying orders arrived and the tone in
I'm the later hours was stcadier The
statement of Sir Edward Grey in the
House Of Commons that Russia had
specifically consented 10 the demon
stration contributed toward better
feeling AZ ;he close.
Austria Is urging that fhe blockade be
extended to the Albanian ports occupied
by the Servians. and that special steps
be taken at Belgrade. as Servia is now
playing the chief role in the siege OF
Scutari. No decision has been taken
on this point ~ yet.
Kiel. April The German cruisers
Strassburg and Dresden sailed from this
port to-day TO Join the other German
warships I'm the Adriatic