A Critical Position.

Taranaki Daily News, Volume LIV, Issue 68, 11 September 1911, Page 5

A Critical Position.

GERMANY AND MOROCCO. WHAT GERMANY WANTS. AND WHAT SHE WILL GET. THE CONGO NEGOTIATIONS. By Cable—Press Association—Copyright. Received 10, 5.5 p.m. London, September 9. ' Berlin statements indicate that Germany is seeking a privileged position equal to that of France in Morocco. The Times, states that France will •never play the part of policeman in slorocco for the exclusive benefit of the German trader. The Daily Telegraph's Paris correspondent declares that a peaceful issue is la foregone conclusion. The FrancoGerman treaty will be signed and France's compensation for Congo territory will be on such a generous scale as to surprise Europe. But Germany will ihave no privileges in Morocco execut those granted to other Powers. Berlin, September 9. There ia a sharp fall on the Bourte owing to the prolongation of the negotiations. The financial newspapers declare that the suspense is unbearable, and urge tho •Government to take the public more info' Its confidence. BERLIN'S "BLACK SATURDAY." FINANCIAL PANIC. Received 10, 12.50 a.m. ; Berlin, September 10.% •Germany's counter proposals will reach ■fafis on Sunday. There are scenes of excitement and alarm on the Berlin Bourse justifying the •title -"Black Saturday." Shares in the Deutsche Bank and in great industries have tumbled heavily. BOUND FOR MELILLA. SPANISH TROOPS ON THE MOVE. ■Received 10, 5:5 p.m. Madrid, September 9. Three thousand troops are embarking for Melilla ;to proceed to Alcusemas to stop hostile tribesmen in their advance. Meanwhile the latter have attacked the Spanish positions and have been repulsed with great loss. Gunboats iheavily lwmbardcd the villages in the neighborhood of Alcusemas. WAR RISKS FALL ONE-HALF. i Received 1.0, 5.5 p.m. j London, September 9. j WaT risks at Lloyd's to the end of the week fell from 12 to 6 per cent.

GERMANY BOWLED OUT. , MYTHICAL INTERESTS. London. September S. The Westminster Gazette's Agadir correspondent affirms that there was not a single German in the district when the German gunboat Panther arrived. THE SPANISH ADVANCE. Tangiers, September 8. Several Spanish officers have arrived at Mogador and arc proceeding to Ifni.