THE EUROPEAN SITUATION.
» THE TRIPLE ALLIANCE. HOW ITS PUBLICATION IS REGARDED, IMPORTANT SPEECH BY BISMARCK. PEACEFUL DECLARATIONS. (Pee Pbess Association.) Vienna, February B. The newspapers here repudiate the idea that the publication of the Treaty had any warlike meaning, and state that the only object was to enlighten ai}d reassure Europe on the matter. , Paris, February 5. The press here, commenting on the publication of the Treaty, remark that it will happily have the effect of influencing amicable relations with "ranee and Russia, and creating a deeper abyss between Germany and the latter Power. The Journal dcs Debats regards it as the cannon shot of alarm. St. Petersburg, February 5. The Journal de St. Petersburg says that the terms of the Alliance show that Austria and Germany have resolved to maintain peace, and expresses a hope that they will be successful in doing so. The publication of the text of the Allianca Treaty has been received here with tran« quility, but the speech of Prince Bismarck to the Reichstag to-night is anxiously awaited. London, February 4. The new Triple Alliance Treaty is precisely similar to that of the alliance entered into by Germany and Austria in 1879, Italy being simply admitted in the latter Treaty. The publication of the text of the Treaty is considered to be the turning point in the" history of the present situation, and is regarded as a last warning to Russia. Constantinople, February 7. M. Nelidoff, the Russian Ambassador to Turkey, has threatened to withdraw if Kiazim Pasha is despatched to Sofia. Berlin, February 7. In the Reichstag last night Prince Bismarck made a long speech dealing with the present European situation. He said that the policy of France had been of a pacific character since the election of M. SadiCarnot to the Presidential chair. He did nofc apprehend a Russian attack, as he believed that the assurance given by the Czar was absolute. The present situation was not in any way different from that of 1879, and ha perceived no cause for alarm for either a Russian war or that a war with France would necessitate a Russian one, though the latter might involve the former. Referring to the alliance, he said it was not entered into as a menace to the other Powers, but was concluded on the ground of common interests and with a view of averting dangers common to the three Powers. When the work of reorganising the Landwehr was completed, Germany would be able to place a millioii" [ soldiers on each frontier, which no other j Power was able to do. Germany would then support Russian claims for a revival of the latter's influence in Bulgaria in accordance with Treaty obligations. Germany was I anxious for peace, but if attaoked the valonr of the Teutonic race would prove irresistible, j The speech caused an immense sensation in the Reichstag, and the bill dealing with the reorganisation of the Landwehr was immediately passed and formally referred to the Loan Bill Committee. There was a large crowd of spectators in the Chamber at the time, and the Chancellor was loudly cheered at the conclusion of his speech. Vienna, February 7. The ambiguous references made to the Bulgarian question by Prince Bismarck in bis speech last night have caused a feeling of disappointment here. St. Petersburg, February 7. Prince Bismarck's speech in the Reichstag has been well received in Russian official circles, where it is considered to be of a pacific character. It is felt, however, that the speech leaves many points connected with the Triple Treaty involved in doubt. London, February 8. The general feeling in diplomatic circles is that Prince Bismarck's speech in the Reichstag is of an eminently pacific character, and that it is calculated to remove all cause for war.
The balance sheet of the Auckland Savings Bank for the past year shows surprising results, considering tbe-dullness of trade. The increase of deposits was £56,780, the total at credit of depositors £438,530. The average account of two-thirds of the depositors is £20. Large sums have been repeatedly refnsed by the trnstees from persons desirous of availing themselves of the interest allowed by the bank. The number of female depositors shows an increase. The penny bank has a credit of £4976 to youthful depositors. It is announced that the directors of the Bay of Islands Coal' Company recommend a dividend of 8 per cent,, the first for a longtime.
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Bibliographic details
Otago Witness, Issue 1890, 10 February 1888, Page 21
Word Count
739THE EUROPEAN SITUATION. Otago Witness, Issue 1890, 10 February 1888, Page 21
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