GERMAN WAR LOAN,
AN AGONISED APPEAL.
Under the bending,
"A word of ox hortation to the negligent," the Cologne Gazette appealed for subscriptions to the war loan, which was to close on Sept. 22nd. It said: ---
There are still many, very many who have not yet subscribed, although they are able to do so. We have in Germany some 29,000,000 business men (Erwerbstatige) and almost 15,000,000 households, and even if many of them cannot spare ang. thing, for, the war loan, there are still cortainly at least from 9,000,000 to 10,000,000 men able to spare 100 or 200 marks, which they can lend to the Father land. Only 2,690,000 people subscribed to the last war loan. Where were the re maining 0,000,000 or 7,000,000 subscribers 1 They could still subscribe a milline on More, sisee, without doubt, many of them would have been able to shribe not only 100, but 200 or 300 marks."
The appeal closes with an exhortation to Germany to show the world the falseness of the reports that represent Germany ae exhausted and at the end of her finan cial resources.
OFFERINGS IN WALL STREET.
The Body Telegraph's New York cor- respondent cabling on the 31st uit. said:
Messrs Zimmerman and Forshay were offering in Wall Street 10-dag Imperial German Governineut Five per Cent bonds (third war loan), not callable be
8210 for each 1,000-mar fore. 1994, at bond, which is equal to 4. The Gr agrees to cash the interest coupons at its office free of expanse ten days prior
NAPOLEON
AND
THE HONGKONG DAILY PRESS, WEDNESDAY, OCTOBER 27mn, 1913.
WILHELM. pears, and strike for a decisive battle. } VISITORS AT HOTELS.
They will be somewhat in the position of Napoleon in Moravia, before the battle of
WHAT WILL GERMANY DO NEXT Austerlitz in 1808 and in 1807 in Poland before Eylan. But it must be observed that the line to be occupied is some 700 miles in length; that it is not suitable for occupation by weak forces; that the Rus sinns have the habit of winter campaign
JLM
(BY THE TIMES” MILITARY CORRESPONDENT.]
MONOSONG HOTEL.
Mr A. Adler
Capt R. Inness Mr A. H. Aitken
Mr R. B. Jepson Mr Geo, E. Andersen Mr & Mre F, X. dr. M. Jesoph
Mise. Johnst
Alamada é Castro Miss Alundae Castro Mr W. Kleinjung
Mr A.-M. Kirby
Master d Almada a Mr C. auritsen
Castro
Ar . E. L
deason
Mr H. Murray Bsin Mr 2, S. Bien Mr. H. E. Betßion Mrs 2. R, Belhos Alr O. D. J. Bali
In the midst of his perplexity at Vitepsking and will not leave their enemy in Napoleon occasionally addressed the per- peace; that masses of Cossacks are form sons whom he met with such half sentences ing, and when the snow freezes will begin Mr & Mrs 3. B. Arch
Well! what shall we do? Shall we
to worry; and, in short, that it will be stay where we are or advance? How is very unsafe to leave the line weakly held. | Mr J. H Backbouse
Worse than this will be the avowal un it possible to stop short in the midst of so
Mr. J.-H. Baring glorious a enreer?" He did not wait for the oyes of the world of the failure of the their reply, but still kept wandering enterprise; and of the impossibility in about, as though looking for something or which German strategy finds itself to attain
the nims of German policy, somebody to terminate his indecison.
Everybody knows that in Russia vast hosts are prere n E. Ferahe:ny paring to renew the war, and that in
Bad child every Allied and neutral country all avail. alle factories are working day and night to supply the munitions of which Russia stands in need. The effect of these pro- parations is already becoming manifest in the firmor conateranee of, Russian rear-
that as
Mr Alex A. Bo: thet Mr H. Hickerton Mr G. tolzi Mr P. R. Borger Mr G. U Bouman Mr C. F. B w
Miss E B. Brady Mr B. i rodsky Mr JP. BOWLE
Mr & Mrs R. D Danu
and obold
Alad. Co ile Mr U. G. Carey. Mrs A. A. Char'obois
Segurs Russian Campaign." Vol. I. The writer has frequently expressed the view that it would be premature to discuss the hypothesis of Germany's future opera- tiong in other thontres until we know pre- cisely the result of this great offensive in the East, on the success of which our enemy has strked his political and military repu-guards, and in the offensive operations iation.
undertaken at many points. Even if, We have advanced some way towards during the winter, a million Germans the definition of this result, It has been
could be transferred from East to West the supreme merit of the Grand Duke
a possibility which we cannot cṛsily admit Nicholas and his lieutenants to have and join themselves with the 1,800,000 mained deaf to all the prayers, threats, Cermans now in the West. they will find and entreaties which might so easily have themselves faced by greater numbers of
ar, licethan prevented weaker mes from withdrawing French, British, and Belgians, to say no. Mr Champkin habeaten armies from the frontiers and thing of the mud of Flanders, and after air cle from declining n decisive battle, Unable the immense losses which they will assured-Dr. W., Dade as he was, from causes known to us all, toy suffer there they will be unable to purr & Min F. E. Davin deprise the enemy, of the permanent ad- sne the campaign in East Wed with my Miss M. E. any. vantage of an enveloping frontier and hope of ultimate sucess
J. E Edward. superior railway system, the Grand Duke
There is. consequently, the possibility (Dr . H. L Fit. has been from first to last n position of
willams the hesitationg of Napoleon at rios danger, and when the Germans, Vitepsk led on to Moscow, so may hesitnts Start Fuler sick of their failure in the West, and
tions at the German Main Headquarters Lie Goldr. & Mrs slammed for the security of Bílosia, decided toad on to a winter compaign in Russia,
V. X. GBɛcoize Et is announced that the funds are ex-
to concentrate all available men against having for its purpose the irrevocable
J.Gibb rupt of all taxes in Germany, and the
Mr V. Gouldboar interest, which is payable in January and Russia and to suck a decision in the Ens, lefeat of our Allies by, the necupation of
M. Alte W. July, will accrue from Oct. 15. There there was no course open to the Grand Petrograd and Kieff and the seizure of
lannibal will undoubtedly be some response by Duke hul retreat; that is in say, a systema. the Russian munition factories at these Capt T. . Hall patriotic German Americans, although àtic, orderly retirement, which would pre- and other points The Russian Balße similar offer earlier of Imperial War long indefinitely the resistance until the Fleet, embedded as it may be in the les at Loan was a decided inilure, most of the assailant, becoming at last exhausted, had Cronstadt, would also be a tempting bait. bonds being lift in the hands of the ceased to be the stronger.
We do not know. We are at the hour of underwritera.
Vitepek, the hour of German perplexities. What will be decided we do not know, for questions of this kind are in their Inst terms settled by promptings and from motives which, dely analysis and defini-Mr
But the situation is clear enough, and no matter what the German decision 1s wo Allies car regard it with equanimity. Moreover, we have not been so foolishly generous as to present nur enemy, with the initiative as a gift, and there is the ques- tion not only of what he proposes to do next, but of what we propose to do, we and Dur Allies. Time will show.
I maturity.
HOWK
THE SPIRIT OF 1812.
In
BANKERS' NIGHTMARE.
NATIONS HUGE LIABILITIES. AFTER THE WAR.
COLOSSAL NOTE ISSUES.
D. K. ar.wik tu, Mr. A. enou
6.2.0.
Mr W. J. Hodge
L. G. Holgate Capt Hopcrofi Mr & Mr B. B. Howell.
J. SU Hast Robert Hanter
Mr G. 1. Lloyd Mr B Longfield
Mr JN. opes
Mr & Mrs W. Mai ning Dr & Mrs O. Marriots
Mr G. M.For
Mfr. F. 4.Maxwell
Mr D. MeMercay Dr G. M. McKean Er J. MorocKI
Mr H, K. Mehta Me T. P. Mitele!! Mr H. Molden
Cspt H. F. Morton
Mc Wm. Moc 8
Mr & Mrs W. R.
Neighbon
Mr A. Nissin Aru Niss m
E M.
Mr. A. U Hrivn Mr J. Ormin on At Jar. O mis on Er A... Pitches · Mr & Mrs
Kaytoond Mr E..
2. 12. Lucy Mus F. Key Bre C. Reed Mr G. V. R, Hels
as H. M. Rivaci
Mr W... Sobreder
Mr & Mrs JR Shaw
Mr & Mr C. A. Shep
pay
In Sho ker
Mr T W. Sinus Me.Smith
Mr A. clogh
Mr V. So by
Mr Spey Stafford
3 C. P. Sutthery.
MA, H. Tat
Mr R. H. Taylor Me H. Trowbridge Mr C. B. Waite Mr W... Wenzin Mi J. Wikio Mrod
Dr & Mr. Li dany
Wco us
Mr J. F. Wright
KING EDWARD HOTEL
Mas R. Aimond Mi J. b. Barnes
Mr W. Hadge' Mr & MmT. 5. Cheng Mrs. La Qucke Mis J. F. Cooke Alastern G. Bl. a J. F.
Cooke
Mr J. II. Cook Mr A. Cours Mr J. H. Dati.on Mr R. G. Deane M. F. F. Duckworth
Mr W.T. Elur
| htra C. Foo
Mr F. E. Fraser
MEU, Fate Mrs Geo
Mr T. t. Gregory
Mr E Grieve
M. T. Gran
air & Mrs Hammes and
children
Mrs Ww.
The financial situation with which the great nations will be confronted at the close of the war is discussed in an in-Mr J. H. Holm teresting memorandum on "The Finance Mr Jackson of the Great War," by Mr. Moreton Mr T. R. Jones Frewan, ex-M.P., an authority on econo-mr 3, Joseph
Mr D. Lambden mie problems.
Mr K. C. Loo
Vigorous efforts are being made in the present instance to make the offering
The strategy, conceived in the spirit of hère alsnecONS. The German-American papers are printing large advertisements 1812, appeared to us in England the only It has been hitherto of the issue and pointing as the cheap. reasonable course,
tion. of the herds with exchange on pursued with varying success, and though it has cost Russie many losses, and Germany as the prevailing low level.
In view of the German apposition to has imposed upon the Russian people sueri- the proposed Allied loan in America on fices which are hard to bear, it has pre- the grounds of its neutrality," much served the armies in the main intact, and surprise y evinced in Wall Street at fo has ended by placing the Germans, in the day announcement, which is described same state of indecision as that which s still aucther illustration of the extra- overwhelmed Napolerm at Vitepak, The ordinary German, inconsistency?
Russian Armica tine now out of danger of being turned or surrounded; they are in TAKING THE BABY'S MONEY BOX tine, with their backs to Russia, and with secure lines of retreat, assuming that no The efforts of Dr. Helferich, the faults in strategy now occur, We are Finance Minister, to turn the third way within a few weeks of the bad season.
seem to have loan into a people's loan'
At the eleventh hour, their retirement the Russian Armies have faited completely. wys the Repree Austerdam correspone a waste, The devastation has not been dent, two original devices were brought complete, and many towns, like Mitan, But there has been forward to ensure the success of the have been spreeil. operation. The first was to give leave to systematic destruction of all means of com
An immense number f the public schools to order the pupils to municution, go about the country on bleycles and towns, villages, and farms have been Canvas for the loan at every peasant's burnt, and sonic large towns, like Brest, Everything of use to house. The scheme was started at the are heaps of ashes. gymnasium at Sagan, Silesia, and the the enemy has been destroyed or carried pupils secured forms which were to be away, and the crops, when they could not returned when signed to the extent of be harvested, have been trodden underfoot, It will be in the midst of this desolation, £000. It was being extended to the whole empiro during the remaining time. and at the opening of the bad season, that The other plan was to bring pressure the Germans will have to decide what to bear on poor people in order to secure they will do next. It is quite true that their contribution to the loan by warning the conditions of 1812 and 1915 are not them that any child who savings, either in a savings bank or a identical, and that railways can be repair. money-box at home, must int he refuseded and supplies brought up by these land. France, Russia, and Germany has It is true increased by less than eighty millions the opportunity of helping Germany to means from far in the car win the war. Every money-box or say that the comparative proximity of Gersterling, while their note issues have in- ings-bank book in the empire must be man bases, and German method, give the eased by 600 millions, and their de Mr W. Armstrong
posit liabilities by 250 millions. The in- devoted to the war loan. With the sys-present enemy advantages which Napoleon crease in the notes has been 122 per cent., em of mutual suspicion and spring never possessed in Russia, But armies in the increase in gold less than 10 per cent. which prevails all over Germany, it is the winter out be sheltered or they will The new note issues sine? the war have a C. D Cosalli supposed that nobody will dare to dis- perish and the systematic destruction been at the rate of sixty millions a month.
Lt & Mrs Looney Mr & Mrs A. Cousland town, villages, and forms, as well as the regard the warning.
If the war is to last another fear, and withdrawal of all local supplies, will cer- the note issues continue even at the same
Cel. Darling RE tainly affect German operations most in-rate as for the past year, the amount Russia, too, has far greater of paper outstanding will then be 2,400 military resources to-day than she pos-millions, and the gold protection for the essed in 1812, and more formidable Allies, notes bately 20 per cent. Compare this It is with her, as it was before, a national gold cover with that of the pre-war days, war and as in 1812 Napoleon nisunder-when Germany was required to hold stand the character of the Tsar and the per cent of gold against notes, Eng constancy of the Russian people, so alen to-land 77 per cent., and when it was the day is the old misunderstanding repro- French practice to keep a reserve of 66
In order to intimidate neutrals, per cent, against totes, while the Bakre Jones duced. and perhaps lay the basis, as they think, of Russia invariably had more gold- in of an inconclusive peace, the Germans her cellars than notes outstanding." boast that they have destroyed the Russian Armies. All that need be said is that this, boast is not true, and that in spite of all the gammon of German bulleting the Ger- mang themselves know that it is not true.
owns
"I HATE THOSE GERMANS." jurionaly
TALK WITH THE EMPRESS-
DOWAGER OF RUSSIA.
The Stampa of Turin gives an interest ing account of a conversation which the president of a Polish Red Cross Society has had with the Empiess-Dowager of
Russia.
Germany!
I told the Empress-Dowager of the sadness of the Polish population who were now under the German yoke, and the hope of all the population of Warsaw soon to see the victorious armies of the Czar reoccupy this portion of the Rus sian Empire. As I spoke the Empress Mother trembled, and the august lady, who was clothed entirely in black, gavo way to frequent nervous gestures.
When I had finished speaking Marie teodorowna said, 'Oh, how I hate those I am a Dane, and from the alay they took Schleswig-Holstein I have inted them. And for fifty years 1 had to wear a mask at the Court.
Russia has been too confident to a these Prussian emigrants to whom the Eumire accorded favours and high posi- tion. A German, even though he be shown every kindness, remains always German. I often said so when the Czar Alexander was alive, but he would not believe me One ran only foresaw this terrible Germanic aggression it was the late King Edward Vif., who was a great monarch. Do you know that when I was taken by surprise by the outbreak of the war as I was prossing Germany, the Berlin people made a specially hustile manifestation when my train passed by calling out, "Russian pigs They are a brutish prople. "
A DISCUSSION OF POSSIBILITIES.
Vilaa
Mr: Frewen points out hat since July, 1914, the gold in the bank reserves of Eng
GERMANY'S PRESCIENCE,
Mr & Mrs Kubr
Mies Lambdum air W. 1). Los Mr Lennon
Mr E. C. Norris Er L. A. Mach vi Mr J. Bauting
Mr V. Meyer
air H. Murphy tiramie New Mire W. Kazaziure
Mr. RA Ramay
Mr C. cta el on
The Ribeon
1. 11. BawjO? -
Me Ea. Sigu
Mr C. H. Soper
nur. H. e. Stoneharu
sire's Sylves Be Mr H U. Paga Mirm, Taormi Mrs E, Fortale Mr & Mrs J.
Underwood
Mr D. H. Wach.lt Mr & Mr J. Witobell
Mr Wong Mr A. Youdgeon
TRAK HOTEL.
Mire Bowdler de & Mr. Carmickasi de F. W. Cry
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Major Morgin
A.
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pbird
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child en
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and child Mr & Mrs Flansen
Mr 3. W. Hind
W. T.. Cait & Mrx Stewart
Mi G. Stewart
Mrs T. J. E. Johns
M Lembelet
Mr S. Steckmost
Bovril develops
big reserves of strength
IT MUST BE BOVRIL
BRIT SH TO THE BACKBONE
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HONGKONG TİDE TABLE
What sort of a position then will the gold standard nations discover after the war The latest official figures show th in January, 1913, Germany had, outside. U. Auker her banks and other public depositories, 130 millions sterling of gold in current It is on parallel fronts, so hateful to money. Germany has since August last the German and against successive well-collected and replaced with notes 50 mi)- defended positions, that the enemy will lions of this. The Reichsbank in 1913 now have to penetrate Russia, if the fancy mere, so that the amount of gold still in had already drawn to itself 20 millions seizes him to try, at the cost of more losses, the tills and pockets of the German people if he goes on, and this at a season when may be nearly 20 millions. his armies will waste rapidly by exposure
The extraordinary prescience of Berlin | and disease. Our Correspondent at Petro- grad has informed us that it is the Ger Few had any conception that Germany, in these matters has protected Germany. man plan to seize the railway which runs outside her vast gold reserves, had in the from Biga, through Dvinsk, Luninice, and Ravno to Lemborg, hoping four times the current geld we had in tills and pockets of her people at least to gain therefrom same panacea for his these islands. And as for her reserves, It is a very good thing, no doubt, she purchased gold in entire neglect of ills. when the front of our armies lies parallel is exchange value, just as she purchased to a through line of rail which we can use the high explosives for her shells. for transferring troops from one point t another, but the more immediate necessity is railways to the troops from the home bases, and it is to this point, we should conceive, that the German Main Head quarters would pay the first attention rather than to the problematical advant nges of the transverse line in question, Here are the impressions of the same
The real problem is, supposing the Ger- lady about the Czarina, says the Paris' cor-
mans reach the live in question and decide respondent of the Daily Nies: The to halt there till the spring, what the m Empress look is far-away, profound, snd, and mystical. It is some time before sulting military position will bo, and how and sovereign for the reserves of the
speaks. She expresses herself in it will affect operations clsewhere. French with a strong English accept.
sho
We
The estimate of the United States Mint is that there is in circulation in Greit Britain and her Dominions (outside In dia) rather over 70 millions. Probably the new pound notes may have reduced this by driving twenty million sovereigns into the bank reserves. The gold in cir culation in France before the war wis probably 116 millions, and that of Russia 71 millions. So that if it were possible to collect every gold mark, rouble: frang.
From 47th Gotober to 2nd November.
HIGH WATEE
LOW WATER
H'kong, Mean Time
B'korg.
Mean
Time
b,
ft. in
b. m.
Wed.
27
1 2 4 5 m
10 22a 7 0
Them.
£8
four nations, it would not dggregats. more than 400 millions to secure these can admit that, from purely military increased note issues of perhaps 1.300 Sater, She says: You come from Warsaw point of view, the Germans can halt on the millions Warsaw which is now Germano, monline mentioned. By grouping their main With colossal deposit liabilities all Dieu! What a war! What a deluge of forces about Vilna, with a secondary round, and with such a slender propor-
grouping south of Rovno, and with the tion of gold to notes. European bau lines of the Dune and the Dnieper strongly ing, after this war, Mr. Frewen 58 occupied on the two flanks, the Germans must be a veritable nightmare for bank- can await the approach of the enemy, can lers, unless in some shape or form wo advance upon him promptly when he ap- revert to an increased use of silver.
blood!!
That is all. The audience is finished A lady-in-waiting gives me a sign, and as I leave I notice that the eyes of the Czarina are full of tears."
*E*%
Height.
It. in. 20. 3540 4 No infer, bigim 66.2 2
10 54 7.4
29 No infer, high-|w. 5 0
kor' low- water
2.3
30
11 37 7 1; for low wa'er
m 9 .8 2.4 No infe. Ligh- nor low-¦ water 310 35 671 13
Nor. No infer, high- nor low-water
1m 157 64 113
No infer, high- nor low-] wat r
2 m 3 40 631 43
0.00% 5-3 11.26
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