Tuesday, October 23, 2012

Russian Financial Crisis.

New York Times 100 years ago today, October 23, 1912:
Misery Caused by the War — Aid from Banks No Longer Forthcoming.
By Marconi Transatlantic Wireless Telegraph to The New York Times.
    LONDON, Wednesday, Oct. 23.— A telegram to The Times from St. Petersburg says:
    "The adverse influence upon the Paris Bourse produced by the Slav successes was strongly reflected here to-day, (Tuesday.) Prices fell almost to the level of yesterday's Paris quotations.
    "The paternal policy of the banks has apparently reached the breaking point. Numerous executions are being levied upon defaulting clients.
    "The losses of small speculators resulting from the crisis aggregate many millions sterling."

RUSH OF SERBS KEEPS UP.
200 Go on Mauretania — 1,000 More to Sail This Week.
    The temporary colony of Servians and Montenegrins in Eleventh Ave., between Forty-second and Forty-fifth Streets, was all excitement last night, owing to the fact that two hundred of their number were preparing to depart in the steerage of the Mauretania this morning. Rude bags and bundles were dragged from the different tenements on the sturdy backs of enthusiastic reservists, who were surrounded on the sidewalks and hugged and kissed by their fellow countrymen, many of whom insisted upon taking the burdens of the departing volunteers and carrying them to the Cunard pier.
    "Five hundred will said on La Savoie on Thursday," declared a leader of the reservists. "They were going to sail on a Russian steamship, but that has appeared impolitic. Five hundred more sail on Thursday on the Principe di Piemonte of the Italian Line for Naples.
    It will be easy from that port to sail for the Dalmatian Coast on Adriatic lines.
    "By next Monday 2,000 Serbs will have left this city for the Balkans. Several hundred are now on their way to this city from the Pacific Coast. The mining cities of Pennsylvania and the textile cities of New England are sending their quota. The 'Sick Man of Europe ' is dying; not even the powers can save him. He has been too long a menace to Occidental civilization. He is bound to go."
    The Serb-American Red Cross Committee of the Serb Federation "Sloga," which has more than 10,000 members in 200 brotherhoods scattered all over the country, met for several hours behind closed doors last night at the Serb headquarters, 443 West Twenty-second Street. The Chairman, Prof. Pupin of Columbia University, who is at the head of practically all the Serb organizations, came out of the committee room to talk with a Times reporter.
    "The purpose of the meeting is not alone to plan ways and means of raising funds for the Red Cross," Prof. Pupin explained, "but also for taking care of the reservists thronging New York on their way to the scene of war. We expect that about 1,000 men will sail for home every ten days. If the war should be prolonged probably 10,000 Serbs will leave America to fight for their countries."
    He was careful to point out that the generic term Serb was a racial one, and included not only Servians, but Montenegrins, Bosnians, Herzegovinians, and Macedonians as well.
    "The Serb reservists come mainly from the West," said Prof. Pupin, "principally from Montana, Colorado, Arizona, New Mexico, Minnesota, and Michigan. "Most of them are miners. Butte, Mon., will lose more Serbs than any other city."
    Hundreds of Greek volunteers came to New York yesterday. There are now about 3,000 Greek soldiers in this city waiting for the steamers to sail for home. The Argentina will sail to-morrow with 200 Greeks, and 1,200 more will sail by the Patris on Friday.

TURKS, TOO, LEAVE TO FIGHT.

Albanian Priests Among Them — College Girls Want to Go as Nurses.
    A great deal has been written about Greeks, Servians, Bulgarians, and Montenegrins leaving this city for the war, and nothing at all about the Turks. But the Turks are going, too, in good numbers. The Turkish Consul General at this port yesterday issued a call to arms, of which this is a free translation:
    "All Ottoman subjects liable to military service are hereby requested to proceed at once to Turkey to join the army m defense of the fatherland."
    Ever since Turkey officially declared war upon the Balkan States the Consul General has been busy granting passports to Turks bound for home to fight for their country. Among those who volunteered for the war were three Catholic priests, natives of Albania.
    "The attempt of the Balkan States to make this appear as a holy or religious war cannot be too strongly condemned," the Consul General said. "It is a political not a religious war. The Albanians know this, and, although the war is ostensibly taken in their behalf, they are fighting with us and against our enemies."
    Many letters have been received at the Turkish Consulate from Barnard and other college, girls who desire to go to the front with the Turkish Army as nurses. These letters have been forwarded to the Turkish Embassy at Washington, the Consul General feeling that he was without power to pass upon the applications, although he expressed grateful appreciation of the purpose of the writers.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.