Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1914-08-01

LONDON, July Sl.-There are only
two factors tonight giving the faint
est hope of avertirg Il general Euro
pean war.
First, Russia and Austria are en-
gagged in direct negotiations.
Second Both Great Britain and
France are using their utmost IN
dcayors In favor of peace
On the other hand, Russia has or
dercd a general mobilization, and Ger
many has declared a state Of siege,
which is undoubtedly to prelude to-,
If il does not cover mobilization.
France has not modified, but cab
met councils which sat until late to-
night ISSUED DEGREES establishing a
moratorium and taking other ac-
tiOn which could only be determined
upon the eve of war. UnoiFcially the
French army is virtually mobiliZed.
circumstantial, though as yet un-
confirmed report published in Rome.
says Germany is about to demand
from both Russia ana France the
immediate cessation of mobilization.
Yet another rumoT is hat the Ger
man ambassador has notified the
French government of his early de-
parture.
Great Britain is practically, though
not officially mObilized, and the
smaller European states, Belgium,
Holland and Switzerland, as pre-
caution, have ordered the mObiliZa-
tiOn Of their army to protect their
territory from being used as high
way for the belligerents, and Norway,
Sweden and Denmark to guard them
selves on general principles Italy
makes no announcement and al
though a rumor credits her with the
decision not to participate in the
struggle, there is little doubt that she
is making ready for mobilization.
Communication across Europe has
been cut off. and there is universal
application Of censorship with the re-
suit that it is impossible to obtain
any accurate knowledge of what mil
itary operations are going on in Ser
via
All code kilograms are refused.
Many American travellers have been
held up by the suspension of inter
national trains.
The Withdrawal Of three famous
German yachts from the Cowes re-
gatta is significant They include the
Emperor's Meteor and Krupp's Ger
mania.
All the countries involved in the
war have prohibited the export OF
many products All the stock ex-
changes in England and Scotland are
closed European state banks have
raised their rates, and the Bank Of
England rate has been doubled
They would be prepared to act,
however, whenever T. was necessary.
Monday is legal holiday and the
banks would not open ordinarily,
which gives a breathing spell.
The stock exchange governors were
warned early today by over 100 mem
bers that If the stoc,, exchange
opened they would be ruined. A gov
ernor of the Pank of England stated
there was virtually no doubt that the
banking act will be suspended before
business Is resumed and that the
Bank of England will issue one-pound
notes to relieve the strain.
At all the banks today were lines
Of small depusitors drawing ready
cash for the buying of food if the
situation continued
The financial district was crowded
today by country squires, retired gem
tlemen and persons Of that sort, who
rushed in from the outlying terri
tories to ascertain whether their
sacred incomes were endangered.
Wholesale Prices Jump.
The wholesale prices of food have
increased by leaps and bounds. but
retail dealers have not raised prices
with the exception of the bakers In
the provincial cities General Brom-
well Booth. head of the Salvation
Arhy, has asked for prayers of the
Salvation Army throughout the world
to save the nations from war.
The Jewish Chronicle makes a
Continued on Page Two.)