Norwich bulletin., 1914-08-01

T. ! Yesterday they felt that the decision
 whether Great Britain was to be drawn l into a general European war was i hanging in the balance: today they
 believe it is probability rather than l a possibility.
 See 1t Through to End. l There is no mistaking the fact that, 1 with the exception of a minority of peace advocates whose voice is hardly
 heard and seems to carry little weight. l the nations mind is reconciled to war.
 There have been no "demonstra-
 tions,' no flag waving, no music hall 1 patriotism; but there is apparent i among all classes a sober and grim determination, if the government de- l; clares that the nations interests and l obligations require her to take up arms
 side by side with Russia and France, ] to see the business through to the bit- I ter end.
 But One Continuation. The belief of the average man is that i the existence of the whole of Europe as an armed camp, nervous. and jeal- 1 ous. could have but one elimination,
 and if the hour for general settle
 ment has struck, there will be no 1 6inching.
 1 Navy MobiIized.
 The military situation stands where i it did last night. The mobilization of
 
 and the army is on 8 war footing, ex
 ceptfng for the calling out of the ter ritorials The machinery for their
 mobilization requires only a word to be set in motion.
 Newspapers Keep Home News Secret
 The request of the war office that the English newspapers refrain from pub- fishing army and navy movements has met with patriotic response. The London sevening papers publish news concerning almost all the armies of Europe except that of Great Britain and regarding the whereabouts of the
 British fleet and the preparations of the British army they say nothing. There is a popular belief that the fleet is in the neighhorhood of Flushing Tn the North sea. but the truth is known only to the members of the govern
 ment
 Harbors Protected. Dover and Shearness are virtually on a war basis and protective booms are ready to be drawn around at a moments notice.
 These and other harbors have been mined. The Calais and Ostend steam CTS are likely to be transferred to
 Folkstone from Dover.
 War Council in Sessien.
 The war council of the British cab inet is composed of MT. Asquith, the Prime Minister; Sir Edward Grey. secretary of state for foreign affairs; Viscount Haldane, Lord High Chancel-
 Tor and Winston Spencer Churchill, first lord of the admiralty. They are the ministers who directed the Joint
 diplomatic and military policy of the country during the Agadir crisis They remained in conference on military matters after the last two cabinet
 meetings.
 Ulster Volunteers Ready to Fiqht. Sir Edward Carson, the Ulster Un1onist leader, announced today that majority of the Ulster volunteers
 were ready for home service and that large contingent were willing for any service where they could be use full
 Came Through Financial Crisis. While the London stock exchange is closed for the first time in it's history by the threat of war and all the ex- changes in England and Scotland inn medlately shut their doors on learning or London'S action, there has been no financial panic. Nor have there been any important failures. The general feeling among the fin anc1ers is that London has weathered a remarkable storm with great credit. The bank rate was doubled from four 1 to eight per cent, but during the Cri- , mean war 1t touched ten and stayed 1 there for six weeks. Short loans to- d i cent. interest
 People Wanted Gold. While nothing occurred like a run on banks there were symptoms which caused anxiety to everybody Banks doing an ordinary commercial bus mess refused demands to pay che ks With gold and paid partly in gold and partly in Bank of England notes
 Probably Suspend Banking Act. 1 Long lines of people had assembled
 at the Bank of England, when the
 bank opened, to get gold for notes, and many were turned away at closing | time. It was expected that the bank ing act would be suspended This
 would mean that the Bank of England | would not De compelled to redeem it's notes with gold. Premier Asquith and 1 Chancellor David Lloyd George with the governor Of the Bank of England ] and representatives of other banks held conference tonight however and 1 decided that the suspension of the act
 was not aecessary 'at present. They l woulda/be prepared to act, however. whenever 1t was necessary. 1 Holiday Breathing Spell.
 Fortunately Monday is a legal hoI- 1 iday and the banks would not onep | in the ordinary course which gives 1 a breathing spell.
 l The governors of the stock exchange l were warned this morning by mem bers, estimated at from one hunderd
 to one hundred and fifty. that if the stock exchange opened they would be ruined. A governor of the bank of England is authority for. the state l ment that there is virtually no doubt that the banking act would be sns I pended before business Is resumed and 1 that the Bank of England will Issue one pound notes to relieve fthe strain l the smallest at present being i've pounds.
 I Belgian Mobiiization. Brussels, July sf-fhe Belgian gov ernment tonight ordered general mob-s i ilization.
 l The offieial Gazette explains that