BISMARCK & KAISER.

Waikato Times, Volume XXXIV, Issue 2760, 22 March 1890, Page 2

BISMARCK & KAISER.

BISMARCK RESIGNS THE CHANCELLORSHIP.

(by electkic telegraph —copyright). London, March 17. Tiie Daily News publishes a report ' that the Emperor William of Ger- v .many has accepted the resignation s of Prince Bismarck, but will nob c allow Count Herbert Yon Bismarck, li who is at the head of the German v Foreign Office, to retire. March 10, The Globe states that General j Von Capriva, formerly chief of the German Admiralty, has been appointed to succeed Prince Bismarck. Berlin, March 19. The Emperor William's accep- ] tance of Dr. Windthorst's proposal to restore the Guelph Fund to the Duke of Cumberland was the cause of Prince Bismarck resigning. All the Prussian Ministry resigned simultaneously. Count Waldersee will probably succeed Prince Bismarck as Chancellor of the German Empire. Duke Ernest of Saxe-Coburg Gotha has unsuccessfully ~ en- , deavoured to reconcile the differences between the Emperor Wil- ( liam and Prince Bismarck which led to the latter resigning from office. Another statement is that the dispute arises over the question of the appointment of inspectors of factories. The Emperor was subjected to strong pressure to settle the difficulty. He himself aud : the Grand Dukes of Baden and Saxe-Coburg Gotha, as well as the Chancellor's colleagues implored Prince Bismarck to withdraw his resignation, bub he was obstinate. The step he has taken is variously ascribed to the Emperor's labour policy, to the failure to conciliate Dr Windthorst, the leader of the Centre party, to the reviving influence of the Empress Frederick, and to the personal enmity of the Opposition, leaders proving an obstacle against a combination to defeat the Socialist element. It is considered evident that the Emperor intends to be his own Chancellor. Probably Prince Bismarck will retain an honorary position. The Continental Press consider that Prince Bismarck will continue to be a potent factor in the German Empire. The ex-Chancellor pleads his age and failing strength. The German a tad Foreign Press is full of praise of Prince Bismarck, : while the French papers consider i his presence in the German Govern- • ment was a guarantee of peace. There i? less excitement over the i event in Berlin than in any of the other capitals. The Berlin people ■ have very great confidence in the Emperor, and the Bourse is unaffected. It is stated that tie differences between Bismarck and the Kaiser • are chiefly on the domestic and economic policy of the Empire, the -Kaiser hoping to conquer the democracy after satisfying the just aspira--3 tions of the working classes, while • Bismarck opposed the Emperor's 5 closer contact with the peeple. A council of generals will meet 3 the Emperor to discuss the political •j crisis.

THE LATEST. APPOINTMENT OB 1 PRINCE BISMARCK'S SUCCESSOR. London, March 20. The English Press doubts the German Emperor's ability to dispense with Bismarck. Berlin, March 20. The appointment of Da Capriva to succeed Bismaick is confirmed. It is reported that de Bretticher wilt become President of the Prussian Ministry, and Count Herbert Bismarck will probably go as ambassador either to Paris, London, or Constantinople. It is thought that Bismarck considers himself slighted because the Emperor did not consult him on all points of the policy. The crisis has caused a heavy fall on Paris and Vienna bourses, but has only been slightly felt in the London stock exchanges.