THE EUROPEAN CRISIS. [REUTER'S TELEGRAM ] St. Petersburg, February 6.

Te Aroha News, Volume IV, Issue 191, 12 February 1887, Page 1

THE EUROPEAN CRISIS.

[REUTERS TELEGRAM ] St. Petersburg, February 6.

Berlin, February 6. A dkcree has been issued calling out the reserves for a period of twelve daya only, for practice with the repeating rifles. The report that the Government intended to shortly float a military loan of three hundred million marks has not been officially confirmed, M Serbette, the French Ambassador, had an interview to-day with Count Herbert Biemarck, who assured him as to the relations between Germany and France.

London, February 6. A more hopeful feeling in prevails both Franco and Germany. The bourses are regaining their usual tone. The " Standard " advises England not to support the neutrality of Belgium if assured that the passage of troopß through Belgium is only temporary. The " National Zeitung " of Berlin pub* lishes an article in which the writer cays it is doubtful whether the position of affairs in the Vosges or tho Balkans is the moro critical The Belgian Government will make an early application for a loan of 50,000,000 irancs. The Roumanian Aseembly has voted 5,000,000 Joys (£200,000) tor armaments.

The Moscow " Gazette " to-day publishes an article stating that it ie impoeßible that the prenenl compact between Rußfeia and Austria can last, and warning Prince Biamarcic not to encourage Austria to thwart the views of Ku?eia in Eastern Europe.

Berlin, February 4. H s Holiness the Pope has recommended the Roman Catholic membors cf the Keichatag to support the Increase of the Army Bill, in the hnpo tbac, by 80 doing, tha German Government will in future favour ao improvement in the position of Roman Catholicism in Germany.

London, February 7. The appeal of Hia Holiness the Pope tf the Komuu Catholic candidatee for seats in the U6ichstag has caused dismay in the iankt« of the clerical party. The elections are likely to result in tavour ot the Government

Brussels, February Bth. la the Chamber of Kepretentatives today, the Minister for War asked for a military credit of tv enty million francs for the increase of the armaments of Belgium.

Rome, February 8. Depretis, President of the Miuiatry, has tendered his resignation to the King, owing to the difficulties experienced in conducting the bupines3 of Parliament since the reverees recently met with by the Italian forces at Maesowah, in Abyssinia,

London, February 2. The news from the Continent to day is of a very disquieting nature. The bourses of Berlin, Vienna and Paris are reported to be in a etate of panic, owing to the rapid arming of Gormany, Ausciia and France, and the financial authorities consider war not only inevitable but immin* enc. The panic is, however, here thought to bo due rather to fright and a scarcity of monoy to meet the heavy demands made by the respective Governments for military purposes than to any unmistakable sign that war is close at hand, Meanwhile it is impossible, to ignore the bellicose tone of tha Continental Press, and Home of the leading journals here despair of peace. The Kussian inspired organ alludes to France a 9 an ally, and hints that in the event of war between that country and Germany, Kus3ia w ill support the former, with arms, if necessary. The German journalists miss no opportunity to ! twit and taunt France, with the object, as it would seem, of provoking hostilities. It is believed here in weil-informed quarters that Prince Bisiaarck considers a conflict inevitable and would prefer that France make the first attack. Events appear to be tending in the direction of the Geiman Chancellor's supposed desire for the war-feeling is asserting itself strongly. General Boulaoger, too French Minister of War, is courticg popularity by inflaming his countryman's teeling against Germany, and in the tvent of war i* in probable he will have the supreme direction ot the French campaign.