EUROPEAN SITUATION.

Auckland Star, Volume XLII, Issue 212, 6 September 1911, Page 5

EUROPEAN SITUATION.

STILL CAUSING ANXIETY. FRENCH PROPOSALS StJBMITTED. ) RERUN BOURSE DEPRESSES. (By Cable.—Press Association.—Copyright.) 1 1 (Received 12.15 p.m.) 8 —— ' LONDON, September 5. , Reports to hand from Tangier state t that Germans there affirm that the Gerj man warships will be at Agadir until the r Mannesmann syndicate has secured all its mining interests in the Sus district, of , which Agadir is the outlet. Senseless rumours and stories about . the Moroccan negotiations caused a run on the Stettin Savings Bank. t The French Ambassador in Berlin (M. . Cambon) to-day handed written pTol posals to the Minister for Foreign Affairs (Herr von Kiderlen-Wachter), who has , j submitted them to the Imperial Chancel- > lor (Herr von Bethmann-Holweg). The Bourse is depressed, and a feeling of anxiety prevails. The intended occupation of Ifue, a port southwards of Agadir, by Spain has been deferred. DISPLAYS OF NAVAL STRENGTH FRENCH AND GERMAN REVIEWS. PARIS, September 5. Everything is being done to make im- ; pressive the naval review which is taking place at Toulon. ; Ninety warships, with crews aggregat- ; ing 30,000, have assembled. President Fallieres and the various , Ministers aboard the battleship Masseua passed down the lines, much enthusiasm being displayed. There were 200,000 spectators, whole families sleeping on the beach overnight. President Fallieres and M. Delcasse, in speeches at the luncheon, eulogised the navy's preparedness, and the spirit . animating it to uphold the country's . prestige. (Received 1.50 p.m.) BERLIN, September 5. The Kaiser reviewed 99 ships at Kiel, exclusive of the submarine and torpedo flotillas. t WAR RISKS RISING. 3 LONDON, September 5. Owing to the sharp rise in sugar prices insurances have been effected on the increased values on numerous cargoes afloat from Java, Cuba, and Puerto Rico. Those from Java have also been insured against war at a risk of from 2/ to 2/6 per cwt. Lasge insurances have been similarly effected on beet shipments from Germany's Baltic ports.