New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-09-14
r.,.erland Likely to Take
~ ~ Burden of Sum of
S25O,OOO,OOO.
VAR CHEST OF ...,,
TEUTONS IN PERIL
u.,ial Interests Hint That
Emperor Spurned Warning
and plan Revenge.

t.Sinf New VlA
- - ,snvssssd yesterday. To e
Ine. ,L.-. osse-tsd that with the money
81 " ~ Europe and the United
.,ose3 20 her Germany will ma
sa",,A IN. bsnker's boycott, for years
eh against German aggression
ei ~ rss ignored By the Kaiser's al
liNh -, have 20 be reekoned With
=. ne dash on Paris is checked
s8ra-tgre. for the moment at
~. d with the Allies.
n vsr, IS one banker quoIe1 10
=. address Of David Logo george
1.,ssllor Of The British ETchequer'
S,sorv often perches upon the pan
", n him whG has the longest purse,
- What En- effect is an international
800, an The rart Of bankers, is seen
"a tbe weaknesses Of the German
.,;,n r. was the opposition. OF
..@.,,,,tional bankers, demonstrated oy
4. hs,vv yithdrawals of gold, that IN
d. oniniop 81 many forced the Kaiser
J. ,gyss 10 .comnromise on his claims
~ time al the AEsdir incident IN
Yoroceo. three years ago:
S;,ee then. :. was pointed out, the
,.,ition Of Germany as regards goiu
LIKING has increased, the last avail
~ returns Of me Imperial Bank' tor
.-.,ris showing that the condition OF
a., irst,tution IA Of August %, was
-.,s,;sllv stronger than az the cor
,,,oopdjrr period Of q year ago, gold
~ .r5 briror having increased from
20 Se7 nn0 10 ] .E29. IT'S. 900 marks. In
-. Germany was a large seller
Jns securities m London, Paris and
a, centre This selling was part OF
~ empires preparation for war
5su0b az the time II was not recog-
.,,3 A. such. and must leave much
rsssy In the hands Of individuals and
-rvsis bank, that will be available for
~ losrs q, are now offered and may
ofcred later.
No Money Here for Loan.
Mbe prr ne loan a leading inter
nf,sa bar ker o. &ew York last night
~ ne Tnkaucr that in his opinion
hsi one riC'.al nj that money can be
~ N New York
N,w YORK" said he. els the one
,s,e that Germany could hope to get
n money. Tn view of the attitude OF
h President. when J. P, Morgan &
a b-oached the question Of placing a
" French credit here, the placing OF
lloan here is out Of the question.
ben II the President were willing
sre is grave doubt as TO whether or
~ any big block Of the securities
nsl1 be placed here at the prices that
N quoted
Further. while there is no hard and
AS agreement. Z think you will find
hT. the bankers of the world, always
hrhg those OF the Fatherland and
Nne with strong German connections,
rl pretty much agreed that this Is a
god time 70 la. Germany skin her
w skynks'
TThcre are houses here in New
iFk that mirh- be interested in such
lloan, but when the house Of Morgan
aslines 70 DO anything with French
sin, OF rather a French credit, that
Fald have cEpedited the selling Of
1erieau goods abroad and which
ptlld have The Endorsement Of the
hlS Of the American people, you can
Wt assured tat other houses will not
= 70 place these offered securities.
As 10 whether or not Germany
s'uld succeed loo placing the loan at
i'ne,' this banker went on, sis quite
bother question The Germans, TO =
user exten. .Har the French, but still
"a Considerable extent, have been
harding gold and there always has
Ken considerable volume Of free
eial IN Germany, so that it is uues-
usa ss 70 the extent which patriotism
stl lead the hoordcrs 70 60 into their
reres.
Personally 7 am inclined to think
Ss German bankers will be left to take
as bulk Of The loan"
after me war" said another bank
= whose foreign connections are the
Hsl we win undoubtedly have a part
ne financing Of Germany, Until
Sen / do not sec how Germany can
wan credit or gold here-frst, be-
,.e Of the opposition Of Washington
any such move, and, second, TO the
Yposiuon Of bansch generally to do
~ anything that viii tend TO continue
y. ssAgnatiou Of world business by
,,Sslonng Germany to keep up the fight
LEI Snf 8 financially exhausted.
haiser's Dash for Coin.
Every large money market in the
soIio Is closed to Germany. That is
S''an. That +. one reason whytthe
5S.l'er was so anxious TO get to Paris.
80 ne succeeded IN his dash there is
oou6t he would have replenished
~ golfers by lcyying an enormous
~ 49, upon the city under penalty
sSlroyine IT, Paris has gold, and
Of II, and there would have been
sleeo Of this big loan"
as'1Sefs, however, pointed out that
~ Gefman VAT chest at Spandau
NJ, contain large stores of gold and
49, he failure Of the loan now Of
,yg would be serious only to the
s. .tnt that IL will compel drawing
49, ~ mat source, which the imperial
s'tlment naturally counts upon as
~ loan now Offering is in effect
Il ~ ~ Term measure. 1t consists Of
n,.s.,VOV'OOO marks iS250.O0O.OO an
ksr3.Llllately), IN bonds and notes bear
q ~, ggefest az 8 per cent and to issue
suJ q fedeemable in five semi-an-
J. 1913 ''H'en's' beginning October
obs 49, terms, It was pointed out by
Yors 'S; .f' would not appeal to New
500 NE ~. New York City is Offering
New IyS VIZ, on a per cent basis, and
y ~ s To-day can borrow as cheap
q 81 lyoody, or anything, the price
hmv NV German securities would.
pale,;s ,uion, have TO be shaded quite
hs ~ y any big poItiop Of the
AZ i, % be placed here. OF course.
IA t,r "a element in the community
1'0 be glad 70 aid Germany