New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-11-11


and, on the coast of German East Afri-
ca. by the blocking OF the channel to
the hsrbor.
Outburst at Lloyds.
A wild outburst followed the receipt
Of the news at Lloyds OF the wiping
out Of the German cruisers. While the
loss caused by the Emden has not been
enormous for such a period, 1t has been
more than s5,OO0,OOO and there was
considerable relief when it was known
that this particular scourge had been
effectually dealt with.
The business of the day was in good
swing when right above the hum and
noise suddenly the Lutine bell rang.
Only on momentous occasions is this
bell rung. Instantly business was sus-
pended. and all turned to the rostrum
from which some great news was 20 be
made public.
A member mounted the steps and IN
rolling tones began: Gentlemen, it is
officially announced that the En-
den"--
He could not proceed. Cheer after
cheer rent the air. Hats and papers
were wildly waved. Again the Lutine
bell was rung 70 enforce silence, and
at last the message was completed that
the Emden had been destroyed.
The scene was almost unparalleled,
for the shipping industry in the Indian
Ocean is now relieved of the greater
part Of its nervousness, and under
writers will sleep more comfortably.
Broad Effect of the News.
For patriotic reasons alone the news
was excellent, but when added 20 this
was the knowledge that at last fate. in
the shape OF British cruiser hsd
overtsken this ship that, single hand
ed, had inflicted perhaps more damage
to British merchant shipping than all
the rest OF the German navy, there
is little cause for surprise at the
manner in which Lloyds received the
news.
The effect upon rates for the mo-
ment has not been particularly marked.
For some days the rate for ships in
the Far East had shown an easier
tendency.
Hearty cheers, coupled with well
done. Australia" broke the monotony
OF the working day.
The Emden's end came in battle. as
beftted her record, for, according to
all accounts, even those OF her victims,
she played p clean game, strictly in sc-
cordance with the recognized rules OF
naval warfare.
The Sydney sighted the Emden yes
terdsy morning. With superior speed
she a. once closed in and gave battle.
The German boat could not escape.
There was a running fight, az the end
of which the Emden, burning from the
shells Of the Australian boat, was
beached.
The Konigsberg Bottled Up.
The cruiser Konigsberg met less
glorious fate. as she was bottled up in
such q position that she must either
be captured or surrendered. though in
either case she probably will be moth
inc but a useless hulk.
The armOred cruiser Chatham, which
ran down the Konigsberg in the river
opposite the island Of Malta. German
Eas. Africa, Is a sister ship Of the sgd
Ley. which closed the career Of The
linden.
Both the Emden and the Koenigsberg
have the destruction OF warships 20
their credit as well as the sinking ot
numerous merchant ships. The Emden
sanh the Russian cruiser Jemtchug and
q French torpedo boat destroyer n
Penang. while the Koenigsberg's guns
made a hulk Of the British light cruiser
Pegasus al Zanzibar in the middle Of
september.
With the exception Of Admiral Won
Spee's squadron iu the Pacific, all :hc
oceans are now believed to be free OF
/ German cruisers, and the British Ad-
/ miralty already has informed the coun-
try that adequate measures have been
/ taken % deal with the victors Of the
recent battle of the Chilian coast.
Failed TO Cut Communication.
! It is clear that the Emden's objec-
tiyes were both the eastern cable sta