A FOREGONE CONCLUSION.

Auckland Star, Volume XLII, Issue 216, 11 September 1911, Page 5

A FOREGONE CONCLUSION.

TREATY WILL BE SIGNED IN MOROCCAN EMBROGLIO. GERMAN COMPENSATION. (B}' Cable.—Press Association.—Copyright) LONDON, September 10. The "Daily Telegraph's" Paris correspondent declares that a peaceful issue of the Moroccan situation is a foregone conclusion, and that a Franco-German treaty will be signed. The compensation in the Congo offered to Germany by Franco is, says the correspondent, on such a generous scale as to surprise Europe, but Germany will have no privileges in Morocco except those granted by other Powers. Statements made in Berlin indicate that Germany is seeking to establish a privileged position by France's side in Morocco. The "Times" states that France will never play the part of policema ll in Morocco for the exclusive benefit of German traders. 4. A statement of Germany's counter proposals to France will reach Paris to-day. WAR RATES REDUCED. LONDON, September !). The rates for war risks at Lloyd's, covering the period till the end of the year, have fallen from twelve to six per cent. UNBEARABLE SUSPENSE. PANIC IN GERMAN SHARES. BERLIN, September 10. A sharp fall has taken place on the Bourse, owing to the prolongation of the negotiations over the Moroccan question. Scenes of excitement and alarm occurred on the Bourse yesterday, justifying the title of ".Black Saturday." Shares in the Deutsche Bank, a great industrial institution, tumbled heavily. The financial newspapers declare that the suspense is unbearable, and they urge that the Government should take the public more into its confidence. RISING AGAINST SPANIARDS. MADRID, September 9. Three thousand troops are embarking for Melilla (north coast of Morocco) to proceed to Alcusemas to stop the hostile tribesmen's advance. The tribesmen, have meanwhile attacked Spanish positions, but were repulsed with great loss. The gun-boats heavily bombarded the villages in the neighbourhood of Alcusemas.