Evening star., 1914-07-24
Note Demanding Suppression
of Pan-Servian Movement
Virtually an UItimatum.
PEACE OR WAR HINGES
ON RUSSIAN ATTITUDE
Germany Prepared to Draw Sword
on Behalf of Ally-Stock Mar
ket Breaks Badly.

BERLIN, July 24.-Austrian
reservists residing here were in
structed today to hold themselves
in readiness to return to Austria
and join their regiments at the
shortest notice.
The grave possibilities connected with
the strong note presented by Austria last
evening to Servla, which virtually took
the form of an ultimatum demanding the
suppression of the Pan-Servian movement
and the punishment of those concerned
in the assassination. June %. of Arch
duke Francis Ferdinand, are recognized
IN official circles here. 1t is realized in
these quarters that further serious de-
are inevitable unless Servia complies with
the Austrian demands.
Servians Expected to Yield.
1t is believed in authoritative quarters
that the Servians will yield unless as
sured of support from outside. and for this
reason official eyes here are today turned
less toward Belgrade than to st. Peters
burg, where the council of ministers is
expected to settle the question of peace
or war.
1t was stated today that Germany had
not been consulted regarding the note to
Servia before its delivery, but she thor
oughly approved the step taken and was
prepared for all the consequence that
might ensue from it.
1t was asserted that should Russia take
part against Austria. Germany was fully
prepared to draw the sword on behalf of
her ally, in accordance with the terms
of the triple alliance between Germany.
Austria and Italy.
Note Reviews Relations.
The note reviews relations with Seryia
since 1909. and complains that although
the Servian government promised loyalty
to the, Austro-Hungarian government, 1t
has failed to suppress subversive move
ments and agitations by the newspapers:
that this tolerance has melted the Ser
Wan people to hatred Of the Austro-Hun-
garian monarchy and contempt for its
This. says the note, eliminated In the
Sarayevo assassinations. which are
proved by depositions and confessions of
the perpetrators to have been Matched at
Belgrade, the arms and explosives having
been supplied by connivance of Servian
officers and functionaries.
THE Austro-Hungarian government.
continues the note. is unable longer to
pursue an attitude of forbearance, and
sees the duty imposed upon it to put an
end to the intrigues which form a per-
petual menace to the Inonarchy's tran
quillity. 1t therefore demands from the
Servian government formal assurance
that it condemns the dangerous propa-
ganda whose aim is to detach from the
monarchy a portion of its territory, and
also that the Servian government shall
no longer permit those Vaccinations and
this criminal, perverse propaganda"
German Press Approves.
Comment In the German press today
strongly supports Austria. Radical or
gans, such as the Tageblatt and the
Frankfort Gazette, which are in close
touch with the financial world and are
usually strongly pacific. find the terms OF
the Austrian note amply justified. News
papers such as the Zeitung am Mittag
and the vossische Zeitung, which are
quickly responsive to the popular senti-
ment. also are pro-Austrian and evident
ly will feel the influence of the assassina-
ton of the archduke.
The stock market broke badly under the
fear Of general European complications
Solid bank stocks, like those of the
Deutsche Bank. broke more than two
points. and other leading stocks from
three to four points, until the banks IN
:ervened TO check further Decentralization
Of tie market Securities in large
amounts. however. had been unloaded a,
the declines, and the breaks in Aus
trian and Russian specialties assumed
almost panicky form. The orient rail
way and Turkish tobacco Reggie stocks
fel. 10 points, Russian petroleum II
points and Russian banks frSm to II
points The weakness in Russian ano
Austrian government bonds also indicated
the seriousness Of the situation.