THE EUROPEAN CLOUD

Taranaki Daily News, Volume LIV, Issue 73, 16 September 1911, Page 5

THE EUROPEAN CLOUD

FRANCE'S ATTITUDE. CONCILIATORY BUT FIRM. By Cable —Press Association —Copyright. ■Paris, September 14. The reply despatched to Berlin is conciliatory but firm. The Temps, recapitulating the desired regime, states that France undertakes the task of consolidating the Sultan's military and financial resources, the Sultan furnishing diplomatic, administrative and financial guarantees. The Sultan retains exclusive control of the public services and enterprises, the Powers being placed on an equal economic footing, secured by a system of open tenders for public works and contracts for plyREPLY FAVORABLY RECEIVED. Berlin, September 14. The forecast of the French reply has been favorably received by the press. UNANIMITY OF THE FRENCH. Paris, September 14. .The Matin declares that Germany has done an immense service by bringing about almost unprecedented unanimity among Frenchmen. THE FINANCIAL BAROMETER. Berlin, September 1-4. The French set-back in the Bourse is attributed to continued withdrawals of French capital, not to anxiety over the negotiations. SOCIALIST LEADER'S VIEWS. Berlin, September 14. Herr Bebel, the Socialist leader, at the Trades Congress, advocated equality of trade in Morocco. The Social Democrats would do their utmost to prevent war, but he ridiculed the idea that they would organise a strike in the event of war. BRITISH FORCES READY TO MEET TROUBLE.

Received 15, 11.40 p.m. London, September 15. The Times states that.. the various startling reports current about naval and military stations are without substantial foundations. The. fleets as usual are at their autumn stations. Nevertheless the authorities are fully alive to the exigencies of the international situation, and neglecting no necessary precautions. OPTIMISM CAUSES AMAZEMENT. GERMANY'S UNREASON ABLE DEMANDS. Received 15, 11.40 p.m. London, September 15. Renter reports that the optimism in Berlin regarding Morocco causes amazement to those knowing the contents of the German Note, which not only asks participation at the rate of ISO per cent, in connection with railway and other transport enterprises, but more than twice 30 per cent, in special districts where German interests are of a special character, such as at Sus. The proposals contain so many restrictions that they leave France only with heavy obligations.

GERMANY'S FIXAXCIAL RESOURCES. abolishing CAPITALISTIC' rule. Received 15, 11.4-0 p.m. Berlin. September 15. Ilcrr Bcbel, in the course of his speech, pointed out that mobilisation cost Germany fortv-fivo to fifty million marks daily. There were only a hundred nnd twenty million in Julius Tower, Spandau. He rejoiced to nee the run on the savings hanks. If there were war. soi-iaIKU would ntili.se the political and economic crisis to stir up the people to abolish the rule of capitalism.