The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-09-13
GENERAL DISTURBING
INFLUENCES IN WEEK
Time Aggrayates. Rather Than Re-
moves. issues With Teutonic
Allies
MARKET HAS EvENTFuL WEEK
Coming of Anglo French Financial
@ mnission l. Claim ing Wall
Streets Attention.

New York. Sept. 1.-THE Suns
weekly review of the financial situa-
sion tomorrow will say,
While recent events have included
nothing Of immediate importance to
compare with the arrival of the Anglo
French commission for conferences on
the foreign exchange situation. Wall
street, nevertheless. had to give fresh
ATTENTION 70 the aspects of interna
uonai politics Beginning with the
sinking OF the passenger steamship
Hesperian, the past week provided
various disturbing matters bearing on
the prolonged tension between the
4-E.ted states and the Teutonlc allies
10 was made clear in the Was hington
demand on Vienna for the recall of
The Austrian Am hassa dor Dufnba be-
cause of his rneddline with le,stifnate
american Industries. and in the Berlin
note on the torpedoing of the steam
ship Arabic, that time was aggravat-
ing. not removing. the issues between
the United States and the Teutonic
partnership. The discovery that this
was the case was unmistakablv re-
IeCieQ In the hoayiness Of the stock
market toward the end OF the week.
after having exhibited broadening
tendencies to rise
Nevertheless in respect to the dis
Qul&iin6 state OF our relations iowa rd
the European war because OF per-
siEtent drift Of occurrences carrying
as toward an open break with Ger
many and her ally. il Is worth point
Tlg out that contingencies have long
nefn under examination in the ffnan-
clsl community The result is that
certain fundamental convictions have
almost been established regarding all
possible or probable outcomes.
Adjusted to Wartime Conditions.
IN the first place IL must be re-
membered that our business and
values have been pretty thoroughly
adjusted to wartime conditions, and all
the recurreni shocks which they are
likely 10 generate az well as the
various crisis which they must de-
-resep-It ~ hardy likely that any
thing In the nature ~ war occurrences
ran do more than temper still further
The strength of this country, Of THAI
periods OF stock market or business
check or arrangement Will prove any
thing else than preparation for the
more fotceful operation of tendencies
already at work
Whatever the hearings Of foreign
politics may be. the arrival Of the
Angio-Freneh finance committee was
the happening OF paramount import
aBce last week. The foreign exchange
market, where the movement Of goods
and commodities and international
commerce is financed. has beer grow
ing more and more unstable and its
loss Of stability. impairs trade More
and more II wants dollars In New
York. The ability to procure them
through the ordinary processes of ex-
pcrtatson of goctfs cor securities To tiYts
country has been diminishing and our
foreign trade will suffer in the near
future further unless our abundant re-
sources for furnishing great amounts
OF credit on which our commodities
and manufacture may he sold abroad
are modified for the first time in our
own history 10 do international bank
Ing as Europe has always done It,
VIII Get Attention.
That the international financial
negotiations wifi he followed with the
closest kind of attention. goes without
saying. Very much Of vital concern TO
'--A<uerity depends upon them,