Evening star., 1914-07-25
ASKS FOR MORE TIME
REGARDING OTHER POINTS
King Peter Reported to Have Alb
disated Throne in Favor
of His Son.
AUSTRIA Is MORE MODERATE
Note Declared Not to Hive Been In
tended as an Ultimatum-Bourses
of Europe Hard Hit by
Threatened War.

BUDAPEST. July o5.-Special
editions OF the newspapers here
announce this evening that Servia
has Internationally submitted to
the demands of Austria.
LONDON. July 25.-Servia has
accepted Austria-Hungary's ulti-
matum. according to a special
cablegram received here this
evening from Belgrade by way
OF Vienna.
Another dispatch received
through the same sources says it
is rumored that King Peter OF
Servia has abdicated.
Servia s reply to Austria will be a par
tial acceptance of her demands. according
to advices reaching official circles in Lon
don today. Servia will grant the de-
nands in reference to the punishment of
Sarayevo of the heir to the Austrian
throne and will consent to do everything
in connection with that matter which
civilized state can do without permitting
an infringement of its sovereignty.
As to the other demands of Austria,
Servia contends that she is unable to re-
ply to them OIL such short notice, as she
has not had sufficient time to consider
them.
The Austro-Servian imbroglio today oc-
cupied the attention of every chancelleFy
in Europe where the situation was recog-
nized as fraught with possibilities of a
a.-al rf rrndt of Ini
stock exchange gave strong indication
of the fears felt by the general public
and stocks of all kinds suffered col
lapse.
Hopeful of Avoiding War.
Tine hope was widely expressed that
armed conflict between the nations would
be avoided and the Russian view of the
coercion exercised on a Slav nation was
watched closely as it was felt on the de-.
cision of St Petersburg as to whether
Russia would actively support Servia in
resisting -austrias demands depended the
final outcome of the controversy.
Many Of the rumors We're current some
asserting that Austria-Hungary had given
Servia further time i'll which to reply to
her peremptory note. others that she had
refused to do SO. and still others that
Servia maintained an attitude of defiance
and was preparing for the worst eventual
tiles.
were making endeavors to bring about
peaceable solution and all sought to re-
strain movements of panic.
Austria More Moderate.
PARIS. July c5.-According to semi
official information received here Aus
tria today showed an inclination to adopt
more moderate attitude toward Servia-
4 semi-of1cial note says: 'Advices
was no concerted arrangement in ad-
vance between Austria and Germany re-
specting the communication to Servia-
Germany confines herself to approving
this note which had not the character Of
ultimatum, but constituted a request
for a reply within a certain limit of
time
Attitude Incorrectly Construed.
"Austrias attitude has been incorrect
Is construed as implying a menace. The
note must be interpreted only as an indi-
cation.
"It Is desirable that any disagreement
between Austria and Servfa remains
localized"
Opinion In non-of1cial circles takes this
note as the view of the Austrian govern
ment which has been communicated to
other governments and as indicating a
modification of her uncompromising atti-
tude.
The bourse late in the day showed a
slightly improved tone upon the report
that Austria was willing to grant a
further forty-eight hours delay to
Servia- All trading in French govern
ment securities was suspended.
Both the regular and curb markets
fell OF again and closed greatly de-
p'essso. =. u
Time Extension Asked.
VIENNA, July 45.-An extension of
time of forty-eight hours in which Seryia
may reply to Austrias note was requested
today by the Russian charge d'affaires
There was marked Improvement on
the bourse here on a report that Serva
had yielded.
Russian Papers for Mobilization.
ST. PETERSBURG. July 25.-Many OF
the newspapers of the Russian capital
today demand the immediate mobilization
OF tie Russian army on the Austrian
frontier. The Boursc Gazette declares
that Russia cannot for moment toll
crate attack on Servia or OH Seryian
independence"
The newspaper adds that Russia, "While
not wanting war. will not finch from
armed intervention to protect the Slax
from German fury"
Berlin Continues Pessimistic.
BERLIN. July o5-Despite the absence