MOROCCO.

Stratford Evening Post, Volume XXIX, Issue 132, 27 July 1911, Page 5

MOROCCO.

THE SHADOW OF WAR. SHIPPING INSURANCE RATES RISE. London, July 26. Lloyds have notified that, after August 9, shipowners will be required to take out a special war risk at a special rate. It is understood this action is due to the Moroccan situation and the Government’s approval of the Declaration of London. Australian and South African steamers are covered against special risks by a rate of half a crown per ton per voyage. One large firm has insured its vessels for a year against war risks at 5s per cent. The risk for war between Britain and Germany during the next three months has been raised from three to live guineas per cent. The Atlantic fleet has cancelled its visit to Norway owing to the Moroccan situation. (Received 27, 8.5 a.m.) Berlin, July 26. The “Cologne Gazette” declares that if France wants merely to act on the Algeciras agreement, sho can settle matters by withdrawing her troops and opening her doors wide. The international code giving guarantees does not regard Morocco as a French colony, and Germany, after securing economic interests in the Sus district, will then doubtless withdraw from Agadir. The “Gazette” continues that the burning point is: What compensation can Germany claim for France’s increase of power in Morocco P