UNITED STATES IN COMPLETE ACCORD WITH THE ALLIES

Dominion, Volume 10, Issue 2994, 3 February 1917, Page 9

UNITED STATES IN COMPLETE ACCORD WITH THE ALLIES

(Rec. February 2, .8.55 p.m.) London, Februarys. Germany's declaration of unlimited piracy is the whole topic of newspaper and" public discussion. It is generally regarded as a declaration of war against the world, and therefore the beginning of the end. There is every indication that the United States is in complete accord with the Allies in the determination to Combat Germany's new move by every, means in their power. This will greatly simplify tlie Allies' problem. The "Daily Chronicle" says the basis of the German Note is frigid calculation, of military advantage, divorced, like the attack upon Belgium, from the slightest ..restraining regard for humanity, law, and civilised opinion. Certainly Germany'cannot desire that the United States should join in the war, because tho great German liners interned in America would become carriers Tor the Allies, and the prey of German submarines. Germany is unwise to deal with the United States in such a grossly insulting way. The Americans 1 are profoundly pacific, but they have sfrong national self-respect, and. when they do move it will resemble a landslide. Their action is likely to determine that of. other neutrals."—Aus.-N.Z. Cable Assn. DISCUSSION IN. GERMAN NEWSPAPERS. (Rec. February' 2, '9.40 p.m.) ■ Amsterdam, February 1. German newspapers discuss with.a show of imperturbability the prospect, of America taking a belligerent position against Germany..—Router. ONLY.ONE FRENCH PORT TO BE LEFT FREE. '.•■■■»••<•' (Rec. February 2, 9.40 p:m.) ■Berne,' February. 1. The German Note to Switzerland st ales Wat Cette would bo the only French port not affected by the blockade.—Reuter. -it [Cette is on the Mediterranean, almost due west of Marseilles.] GREAT "BEAR" RAID IN WALL STREET. New York, February 1. The Note resulted in a great "bear" ratd 7n Wall Street. The market opened panicky. Steel and shipping shares showed a big decline, and 'vheat and cotton -we're also hit.—Aus.-N.Z.'Cable Assn. WALL'STREET'S WORST DAY SINCE THE WAR BEGAN. (Rec. February 2, 5.5 p.m.) : ■ / ■ New York, February 1. Stocks in Wall Street dropped fivo to ten points.on the day's turnover of two million shares. It is-regarded as the worst day since the war began. —Aus.-N.Z. Gable Assn. GERMAN BROKERAGE FIRM'S CUSTOMERS MAKE MONEY, ' ' '■> • New York, February 1. There was great: excitement on the slock market following on the publication of Germany's Note, and the wildest scenes since tho beginning of tho war occurred. ' , . , . Cotton was demoralised, and March contracts dropped 2o dollars per bale, • and subsequently broke 500 pointy which was the greatest break in the history' of .cotton. United States steel sold below par. Railway and steamship stocks suffered severely, but rallied two to ten points. •_ . The customers of a prominent German Chicago brokerage firm hart been selling short for the past ten days, an apparent certainty that something was happening,' and made tremendous profits.—Reuter. SENSATIONAL DROP. IN THE PRICE OF COTTON. (Rec. February 2, 9.15 p.m.) London, February 2. There was the wildest excitement on the Manchester Exchange. Cotton dropped sensationally, apparently due to fears that America would he involved in the war. The decline reached 130 points, but later recovered, and closed at 40 to 50 points down.—Aus.-N.Z. Caole Assn. .ISSUE OF PASSPORTS TEMPORARILY. SUSPENDED. riew York, February 1. The State Department announces that no passports will be issued to Americans leaving for Europe for the present. There is no explanation of this action. Some interpret it as the forerunner of a diplomatic break; others consider that President Wilson may modify his policy. _ ..,-■, President Wilson has conferred with Colonel House, his confidential adviser. ■ ■ ■ „ ' The President is silent.—Aus.-N .L. Cable Assn. :, ACTION OF GERMANY GROSSLY UNWARRANTED. ...■.,...;■'"■'.. ...;..•-.•■ '.".•""-■'' ' "■ '"' New York, February 1. '. Mr. Taft states that Germany's action is grossly unwarranted. The expansion of the rights of blockade greatly emphasise the necessity for hastening adequate preparedness against unjust aggression.—Aus.-N.Z. Cable Assn. • ■■-■' ' r . ~~~ . RESOLUTION OF' CONFIDENCE IN PRESIDENT WILSON. : Arizona, February 1. ■The Legislature unanimously passed a. resolution of confidence in "President Wilson in whatever course he decides.—Aus.-N.Z. Cable Assn. CONCERN FOR' SHIPS APPROACHING DANGER ZONE. New York, February 1. There is much concern for shins now at sea owing to their carrying about 2000 Americans, who are approactiing the danger zone. Several ships decided not to leave New York and other ports, pending a Government announcement.—Aus.-N.Z. Cablo Assn. KEEPING A CLOSE WATCH ON GERMAN LINERS. ■ .■ New York, February 1. • The port has been reopened, but may be closed again to-night, presum-ably-to prevent German liners escaping in the darkness.—Aus.-N.Z. Cable Assn. - ' • ■■ .-'■ SEVENTEEN. GERMAN LINERS INTERNED. AT HOBOKEN. .. (Rec. February 2, 5.5 p.m.) *• New York, February 1. . The interned German liners at Hoboken number 17, including the Vaterland (54,282 tons).—Aus.-N.Z. Cable Assn. .»•,'..' ■ MYSTERIOUS MISHAP TO A GERMAN CARGO STEAMER. New York, February 1. A message, from Charleston, South Carolina, states thit the German freighter Licbenfels (4525 tons) was mysteriously sunk at her berth in forty feet of water; Assistance was declined.—Aus'.-N.Z. Cable Assn. HOW THE SITUATION AFFECTS EUROPEAN NEUTRALS. (Rec. February 2, 5.50 p.m.) Rotterdam, February 1. Shipbrokers fear that unless America shows the way to an effective protest Dutch ship-owners will he obliged to lay up their, ships—Aus.-N,Z. Cable Assn. •■'••■' (Rec. February 2, 5.50 p.m.) ' Copenhagen, February 1. The "National Tidende" says/the Government is conferring with trade representatives on the new situation. Financiers contemplate closing the exchange to avoid panic.—Aus.-N.Z. Cable Assn. : EFFECT OF THE NOTE ON THE. SPANISH GOVERNMENT. (Rec. . February 2, 5.55 p.m.) . . Madrid, February 1. After a Cabinet discussion on the German Note, the Foreigh Minister conferred with the editors of newspapers, and appealed to their patriotism to observe a discreet composure, as_ it was feared that when the purport of the Note which meant the interruption of foreign trade and graven internal dislocation became known disorders might occur. The Note had also made it necessary to prevent all unnecessary consumption of commodities.—Reuter. STEAMER SAILINGS FROM HOLLAND SUSPENDED. (Rec. February 2, 9.15 p.m.) London, February 2. The latest reports from Holland state that the Government has prohibited all sailings for the present. ' ' . . ' SCANDINAVIAN SHIPPING"" HELD UP, (Rec. February 3, 0.50 a.m.) . Copenhagen, February 2. The United Shipping Company, engaged in carrying agricultural produce to England, has stopped all ships. The Danish Government is considering tho German Note, and will do its utmost to endeavour to continue exports. Coal is the main problem.— Aus.-N.Z. Cable Assn. Ohristlania, February 2. Mails and goods traffic to England has been suspended.—Reuter. Cothenburg, Februarv 2. Shipping hrms are not permitting departures, and have recalled thos'e vessels that-have sailed.—United Service