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SERVIANS FIGHT L IN DESIRE FOR NATIONAL UNITY Diplomats of World Have Long Foreseen That Struggle Was Bound to Come. STANDS IN WAY OF AUSTRIA Dream of Statesmen of Dual Mon archy Has Been to Acquire Salo nika and the Land Between That Port and Fron tier. of Bosnia. While the Immediate cause of Aus tria-Hungary's attack on Servia is the demand for reparation for the murder of the Archduke Francis Ferdinand and his wife, the duchess of Hohen berg, the ultimate causes are the movement of the Hapsburg empire toward the south and the desperate efforts of the entire Serb race to re gain complete national existence. wAnnltA nf Tnrlr. JCJVCI Diuv;c IUC X C^UIOU V/Jl tuu i u?n ish army from Vienna In 1683 the Aus trians have steadily fought their way southward, expecting ultimately to make their way to the Aegean over the ruins of the Turkish empire. Aus tria, like Russia, was not unwilling to see small buffer states set up to oc cupy the middle ground during the In tervals of rest in her forward move ment, and so most of the Balkan states of today came into being. Of the Servian race, which in the thirteenth and fourteenth centuries ruled a vast empire, extending over the western half of the Balkan penin sula and the eastern coast of the Ad . irlatic, practically all had come under Turkish domination in the sixteenth century. The Serbs of the hinterland of Istria and Dalmatla were soon tak en from Turkey by Austria, and Mon tenegro -won its independence, xnis left the Serbs of Bosnia, the Herzego ,Yina and Servla proper, as well as of ,'the Sanjak of Novi Bazar and North ern Macedonia, still under Turkish role. The Serbs of the present kingdom became autonomous in 1830, but re TOTAL TONNAGE NAVIES INVOLVED n Austria.- SZ92! Hungary 2J8.063 tons PUSS1A 561.4.57 TONS olted in 1876-78, aiming at complete freedom. With them joined their kinsmen of Bosnia and Herzegovina. The Russo-Turkish "war, which fol lowed, made great changes in the Bal-. kans. Servia proper obtained com plete independence, but Bosnia and Herzegovina were left nominal Turk ish dependencies, but really to be oc cupied by Austrian troops. Austria's Seizure of Bosnia. The consequenoe of this was a four year insurrection against the Austri ans, the effects of which have never uioapycai cu. iuu Auouiauo ua* c spent large amounts of money on the country, but never allowed it auton omy; and In 1908-9, using as an ex cuse the constitutional revolution in Turkey, which would require dele gates to the Turkish parliament to come from these two states, which were actually in Austrian hands, the Hapsburg monarchy formally annexed Bosnia and Herzegovina. Germany backed up her ally, and the protests of the Slav powers did not go to the extent of war. Meanwhile the Slavs of Dalmatia are under Hungarian rule; and here, as in Bosnia and Hei zegovina, promises of local self-gov ernment have never come to anything more than words. Thus the northern half of the Servian race is still under the Austrian empire. Meanwhile the southern half was finally united by the victories over Turkey in the war of 1912. Not only did this reconquest by the Servians of the core of their old empire in western Macedonia give a tremendous Impulse to ihe longing for complete national unity; it showed the Servian nation that ifrs military organization could be relied on for hard work. In the fall of 1912 the Servians mob ilized 260,000 men in the first three WTAftlro o n/^ o 1/4^ AAA *v?r???A weens, auu laiu auucu x-*o,vvv niui c to the number; and while their losses in this war and in the struggle with Bulgaria in the summer of 1913 were heavy, the Servian troops fought bril liantly and proved themselves efficient and enduring.' Robbed of Fruits of Victory. But the fruits of this war were In part taken from them by Austria, whose diplomatic activity was respon AUSTRIAN TROOPS ON' WOVE War Experts See Objective Point That Emperor's Generals Will At tempt to Seize. Cuttinje.?Austrian troops are on the move in the vicinity of Ragus, Dalmatia, and 22 Austrian warships I fiave assemDiea m tne way 01 ^ai taro. Official circles here Interpreted these movements as meaning that if Austria went to war with Servia, she Mere Pretenders. The gas grate is an upstart and a snare and no deceiver, declares a weary New Yorker who pines for the days that are gone. Its spittv blue and green flame smells always of gas bills and meteors. As an institution it is flavorless. It ha3 no ash nor any dying coals. Tin; dying coals of yes teryear. the soft llare of the embers our mothers used to have, where are they now when young love dreams its breams? "What castles may we hope a young generation to erect when Its : -.,W, sible for the ruling ef the powers, which compelled the Servians to give up part of their conquests in Albania. Thus Servia lost her chance to get a seaport and remains a landlocked power, her only outlet being through the friendly Greek ports on the Ae gean sea. But the Servian victories in Mace donia, and the Greek capture of Sa lonika put an unexpected obstacle in the way of Austria's march to the south. No more could the dual mon archy hope to inherit Salonika and the land between that port and the frontier of Bosnia on the final down fall of Turkey; Servia was now squarely across her path. So the Balkan wars left the Servi ans confident of their military ability, elated by victory, determined on com plete national unity, and angered by Austria's continued hold on the north ern part of the nation and by her ac tion in depriving the nation of an out let to the sea. These wars left Austria TTiincnrv with inorpaspd difficulties in dealing with the Slav tribes, particu larly the Servians, now in her domin ions, and convinced that the march to the southward must be given up alto gether unless Servia could be put out of the way. To this were added minor irrita tions, such as the railroad question in Macedonia. The Servians wanted to add the railroads in the teritory con quered from Turkey to the state sys tem, but the stockholders, most of whom were Austrians or Hungarians, objected. Moreover, there was con stant friction in Bosnia, and the party in Servia which regretted the break up of the Balkan league was inclined to attribute the discord between Bul garia and her former allies to the op erations of Austrian diplomacy. Thirty years ago Servia was a cats paw for Austria in Balkan schemes, with Russia backing Bulgaria, but now the Servians can count on Russian owmnofliv fnr fVicktr? /\oucn 4a I the cause of the entire Slavic race in Its double struggle tc be free from German rule and to fight with the Ger mans for the heritage of Constanti nople. Peter Made King by Tragedy. King Peter, under whose rule Ser via has advanced to a strong position in southeastern Europe, came to the throne as the result of a crime that shocked the world. , Eleven years ago King Alexander of Servia and Queen Draga were assas sinated in their palace at Belgrade. Half an hour after midnight on June ENGUANP 2,308,115 TONS I GERMANS 1,135,715" rorty army omcers entered the palace, burst Into the apart' nts of the king and queen and killed .jem. Details of the tragedy vary, but the best authenticated is that the couple died in each other's arms. The same night several ministers were slain by the plotters. The total number of vic tims of the conspiracy is said to have been fifty-four. At the time of the tragedy King Pe ter was in Geneva, living a secluded life, and, apparently, taking little in terest in the politics of his native land. Ever since the terrible night of the assassinations he has denied that he had any foreknowledge of them. Nevertheless, suspicion has con tinued, justly or unjustly, to rest upon him, and it was some years after his accession to the throne before Great Britain and other powers recognized him formally as king of Servla. King Peter as a young man led an adventurous life. He studied in Switz erland and then went to the French Military academy at St. Cyr. He took part in the Franco-German war as an officer of the Foreign legion. For many years he is said to have engaged in conspiracies against King Milan of Servia, but for forty-five years he never set foot on Servian soil until he was elected king by the Serv ian parliament. New Capital Easier to Defend. KrflerllVPVflt7 tn whirh T^intr Pofor has moved his court from Belgrade, Is ! about fifty miles due south of Semen- I dria, on the Danube, and about sixty flye miles south-southeast of Belgrade. It lies on a branch spur of railroad about fifteen miles from the main line to Salonika and Constantinople, and is well adapted to defense. It is the third town in size in the old kingdom of Servia, with about 20,000 people. Its only superiors are Belgrade and Nisch. The town was the first capital of the principality of Servia, after its partial liberation from the Turks, serving as the seat of the Obrenovitch princes from 1S15 to 1842. After that the family of Karageorgevitch occu pied the throne from 1842 to 1858, the Obrenovitches again from 1858 to 1903, and the Karageorgevitches since. would attempt to seize Mount Lov chen, overlooking Cattaro. Public opinion here demands of the Montenegrin government ioint aciinn with Servia in these hours so fateful for the two Serb kingdoms. Take to the Woods. Mrs. Flatte?This paper says that the national forests in Chile cover about seven million acres. Mr. Flatte?Well, the men of Chile certainly have some place to go in housecleaning time. points of light are strung in Broad way signs and not banked within the family hearth? The snoring radiator, the artificial log?what arc these pre tenders to a vital place in home life? Jealousy. Pationce?"When an Knglish suffrag ette hacks a picture in one of the gal leries, why is it always one of a beautiful woman? Patrice?Because she dislikes to see another woman admired, is my [ Suess- . WHOLE OF EUROPE PRACTICALLY THOUGH UNOFFICIALLY MOB I LIZ ED. ! CENSORS SILENCE CABLER ! Communication is Mostly Cui Off From European Capital and OnK Ominous Reports Heard. ! London,?A Daily News Dispatch from Berlin says Germany has ad t dressed an ultimatum to Russia de manding that mobilization be stopped within 12 hours. A question has also been address I ed to France, the dispatch says, in re gard to her attitude in certain contin j gencies. The Daily Citizens Paris corres I pondent reports that a general mob I ilization has been ordered. I Great Britian is practically, though [ not officially mobilized, and the small : er European States, Belgium, Holland ! and Switzerland, as a precaution, I ' J 1 AT ? U ! 1* J ~ nave orueieu tut: xiivuiij^cvuuu ul mai armies to protect their territory from being used as a highway for the belligerents, and Norway, Sweden and Denmark to guard themselves on gen eral principles. Italy makes no announcement and although a rumor credits her with the decision not to participate in the struggle, there is littl& doubt that she is making ready for mobilization. Communication accross Europe has been cut off and there is universal ap plication of the censorship, with the result that it Is impossible to obtain any accurate knowedge of what mil itary operations are going on in Ser via. All code telegrams are refused. Many American travelers have been neiu uy uy tuo ous^cuoivu vj. national trains. The withdrawal of three famous German yachts from the Cowes regatta is significant. They include the Emperor's Meteor and Krupp's Qermania. All the countries involved in th? war have prohibited the export of j many products. All the stock ex | changes in England and Scotland are closed. European State banks have raised their rates and the Bank of England rate has been doubled. Facing the most serious epoch in their history since they shivered be foer the specter of a Nepoleonic in vasion, the English peoplei are the oalme3t nation of Europe. They felt the decision whether Great Britian was to be drawn into a general Euro I Men war hdq c Vl t> n CH n ?r in thfi b&l ance; they believe It is a probability rather than a'possib'lity. There is no mistaking the fact that, with the exception ot A minority of peace advocates, the nation's mind is reconciled to war. There have been no "demonstra tions," but there Is apparent among all classes a sober and gtim determin ination if the government declares the nation's interests and obligations re quire her to take up arms side by side with Russia and France, to see the business through to the bitter end. The belief of the average man is that the existence of the -whole of Europe as an armed camp, nervous and jealous, could have but one cul mination and if the hour for a gen I eral settlement has struck, there will be no flinching. Stock Markets of World Closed. New York.?The vast and complex machinery of the securities market,s n nam a fx rnmnlpfA ha.lt [ UJ. mc TTUiiu v,uiuv w vvM?rww ? for an indefinite period. It was an occurrence unprecedented in history. With all Europe seemingly on the verge of war, the Continental ex changes closed several days ago with the London market following suit the | New York Exchange would have been called upon to bear the weight of the world's financial burdens. It virtually ! had done so all week, for while the London market was open, transac tions were nominal. The un loading j of stocks here by panic-stricken Eu Tope during the last four days and the | consequent collapse of prices made j history in Wall Street. To continue longer to bear the bur ! den, in the opinion of tho bankers, j whose influence determines the course | of events in the Street, would have | been hazardous in the extreme. After ! a period of hesitation and extreme | nervous tension, it was decided 10 I iiilliUtTTd UUiUI C IUC IIUU1 OU 1U1 HIV ! beginning of business that the ex I change would not be opened. That ! action closed the last great market ! of thu world. "If a general European war /should come," and member of the board, "the exchange may be closed all Summer." Railroad is Embarrassed. Peoria, 111.?The Chicago, Peoria & St. Louis Railroad was placed in the j hands of receivers. The action was j j brought by the Bankers' Trust Com- j pan of New York following the fall- j ure of the road to pay interest on | $2,000,000 due on June 1 of this year. ] ' The amount is part of a $15,000,000 ! issue largely taken by English invest- | , ors in July, 1913. Major Bluford j Wilson, president of the road and Wil- ; , liam Gotten, representing the major- j | ity bondholders of New York, were ! ! named as receivers. Expect Mexican Peace. j Washington.?Secretary Biyan told I Minister Suarez of Chile with whom i ho discussed the Mexican situation j ho was confident an agreement soon would be reached between Provision al President Carbajal and General Carranza lor the peaceful transfer of the government at Mexico City. The stnto department was advised that General Villa and Justice AHende, the two Carbajal delegates to the peace ionl'erence, had left Tanipico for Sal tillo where they are expected to ar rcg RUSSIAN CZAR MAY LEAD MILLION MEN t PATRIOTIC DEMONSTRATIONS OCCUR IN ST. PETERSBURG AND FORCES GATHER. GREAT BRITIAN IS FOR PEACE Austrian Forces Capture Servian Sup ply Ships on Danube and Belgrade is Beseiged. ' St. Petersburg.?A great patroitic demonstration took place on the Nevsky Frospect. A procession was formed and with banners flying marched to the Servian Legation where there were speeches singing and cheering. Thence the procession marched to the French and British Lmbasslee where similar scenes of enthusiasm were enacted the crowds increasing. The cadets of the naval school were promoted to the rank of officers. In addressing them the Emperor said: "I have given orders that you should be incorporated i nthe Navy in view of the serious events through which Russia 1s passing. During your service as officers do not forget what I sdy to you?trust in God and have faith in tbe glory and greatness of our mighty country." A striking demonstration occurred at the Kazan cathedral where a spe cial service was held and prayers were offered for victory to the Slav arms. The cathedral was thronged and the officiating priest after the ceremony presented to the Servian Minister a facy simile of the Ikon of the Holy Virgin of Kazan for the Servian army. The Minister handed the Ikon to offi cers who started for the front. Expects Russian Action. London.?The day's events brought no reiier to tne suspense nor any ai plomatic achievement to restrict the Austro-Servian war to those two na tions. The feeling throughout Eng land and the Continental feeling, as reflected by the correspondents of the London papers, tonight is distinct ly more anxious than yesterday. Two events nave maae for pes simism. Direct negotiations between Russia and Austria, which gave the other governments hope of a compromise, have failed. Russia is mobilizing four army corps consist ing of 1,280,000 men, in the four dis tricts along the Austrian frontier. Rus sia's resolution to stand by Servia ap pears to be fixed. A manifesto by the Russian em peror making his policy clear is ex pected hourly. The diplomatic repre- | sentatives, though all say there yet is hope and base their belief on the ; fact that Germany, France, Great j Britain and Italy?the last two nam- I ed most of all?do not want war and J don't think the A us tro-Servian quar- j rel important enough to justify it. St. Petersburg messages say Russia ! has asked Austria for a direct ex- { change of views and that Austria de- i been to extend the much-discussed ; negotiations which yesterday were ; considered in the chancellories as the j principal known basis for optimism. I Certificate to Pa6S Through Canal. ] New York.?In anticipation of the | Panama Canal 50 vessels have thus j far applied to the surveyor of the port j of New York for measurement under the canal rules. Thirty vessels, it j was announced, have already been j granted certificates which th?y will produce whenever they pass through the canal. There is no fee for meas urement and foreign vessels can also measure for the canal traffic. Under j the canal rules it will cost the ; American steamships Kronland and j Finland $10,725 apiece. Suffer For Food. ? Otates, Sinaloo, Mexico.?The Pa cific Mail liner, City of Sydney did not ; land provisions at Mazatlrn, as in- ! tended, because tho captain feared to endanger his ship and tho lives cf his passengers in the cross fire of shells j over the harbor. As a resjilt the Fed eral governor of the po?t issued a | manifesto endeavoring to incite anti- j American feeling. The Americans, lie said, were responsible for not land- j ing the sorely needed provisions. Mazatlan has been half-starved for j months. i OF AUSTRIA-SERVIA I FEELING OF RELIEF OVER DECLARATION AUSTRIAN OFFICIALS HOPEFUL THAT WAR WILL BE KEPT IN ' BOUNDS. ALL SERVIANS CALLED QUI Several Sharp Little Fights Have 0& curred Killing a Few.?St. Peters burg is Center of Interest. Vienna.?The people in the dual monarchy look forward to a war witl Servla, which formally was declared with a feeling of relief. High officials are optimistic thai the war will be confined to these two countries. Certain knowledge that Russia would Intervene, however would not cause Austria to alter hei course in the slightest. News of the formal declaration o1 war ran through the city before ex tre editions of the papers could react the venders and was everywhere greeted with a s^rit which might be described as clo&i to religious exal tation. Vienna Is absolutely without news i r?9 fAAn mAWAtnAn + o fTlO nonftW are forbidden to print. A sharp cen sorehip has been established over al meane of communication. The even ing papers published the followinj inspired statement: "In well-informed "circles the view is held that so far as Sir Edwart Grey's proposal to localize the con flict between Austria-Hungary ant Servia, the former can declare her self entirely agreed with Sir Edwart O-rev's remarks, but regarding whal he has said concerning the suppres sian of military operations affairs have proceeded much too far to allov anything to be done in this direction.' Advices from Belgrade say th< Servian capital is now located at Nisi where the Skupshtlna (National As sembly met today. All Servians be | tween 18 and 60 years, able to beaj arms, have been called out and mob ilization is proceeding rapidly. The Militaerische Rundschau re ports sharp fighting along the rivei Drina where Servian volunteers wh< attempted to cross were opposed bj Austrian frontier troops. It also re ports that Servians fired on their owi river transports by mistake, killini and wounding several Servian sol diers. The ministry of foreign affairs hai addressed a verbal note to the for eign representatives informing then of the declaration of war and declar ing that Austria will, on the assump tion of similar observances by Servia adhere to the provisions of Th< Hague conference of October 15, 1908 and the declaration of London oi February 26, 1909. Workers May Go to War. Pittsburg.?Heads of manufacturing and mining companies fear a short age of labor if the Austro-Servian Wai is prolonged. It is estimated thai there are 500,000 Austro-Hungariar subjects in Western Pennsylvania ant Northern West Virginia, one-fifth ol whom are liable for military duty. Text of War Declaration. Vienna.?The text of the declara tion of war follows: "The Royal Gov ernment of Servia not hoving replied in a satisfactory manner to the note remitted to it by the Austro-Hungarian Minister in Belgrade on July 23, 1913 the imperial and royal Government finds itself compelled to proceed it self to safeguard its rights and inter ests and to have recourse for this pur pose to force of arms. Austria-Hun gary considers itself from tiiis mo ment in a state of war with Servia." Improvement in Steel Business. New York. ? The United States Steel Corporation's business for the second quarter this year showed a slight improvement over the first three months, according to the direc tors' statement. Earnings of $22, 956,414 showed an Increase of S2,r>0.v 426, with an increase of $2,463,21." in net, and a proportionate gain in net income. To meet regular dividend payments on preferred and common shares it was again necessary to lake ?5,195,237 of last year's surplus. j|> MONASTIrV^ ) ^ s?Rk ^sPrtsreno S \ s?a? > (asKuCt %HtodSt/r \ W ZALOlh mem '* a**'/ r | EANIN&q / y^y GERMAN EMPEROR . TALKS WITH HIS MILITARY HEADS AND ALSO HIS CHAN CELLOR. " HOPE TO REMAIN NEUTRAL . Other Powers Will See to Make Prob' able War Strictly an Austro-Ser vian One. ^ | 1 Berlin. ? Important conferences 1 were held at Potsdam between the ? German emperor,' the Imperial chan cellor, Dr. Von Bethmann-Hollweg t and the strategic heads of the arm) s and navy to determine definitely th? J German policy in the crisis. ? The British and French ambassa * dors, Sir Edward Goschen and Julet Cambon, called on the minister o! t foreign affairs, Herr Von Jaeow, witt - communications from their govern i ments. Authentic information has ) been received in Berlin that Russia 5 though not mobilizing hel* army, ii . faWnir pArtflfn nrApautionarv militan measures. , Runs on savings banks by smal 5 depositors in various parts of Ger . many -were the outstanding featurei I of the day, which despite the firs . bloodshed of the .Austro-Servian con , flict, registered a slight but dietinc increase in optimishi regarding th< r situation. I The British ambassador made n( . concrete proposals. It is understood I he told the German foreign minis . ter that Great Britain's object waj 1 not to intervene in the Austro-Ser vian controversy but sought a basil on which Great Britain,' France ant Germany by action at Vienna am St. Petersburg, could prevent th< spread of the conflict. The French ambassador proposec that Germany use her influence a Vienna in view of moderation. H( was informed Germany was willinf to let the other powers try but as Austria's ally she could not interfere with Austria's freedom of action. The official announcement of Rus sia that no mobilization of her armj I had been ordered was supplemented : by trustworthy information froir j Warsaw that among the precaution I ary military measures taken were the J withdrawal of troops in Poland from i the immediate frontiers of Germany and Austria for concentration in th interior; the recall of the Russian troops from their summer camps. President Receives Irish. Washington.?A delegation from the Ancient Order of Hibernians which i i?at ninceri its rnnvention in Nor % ! nao juoi, v*wMv. _ , ' folk, Va., was received by President > ; Wilson. P. F. Cannon of Massachu setts, National vice president, headed I, the visitors. ; j Will Not Filibuster Against Trust Bill. . I Washington.?Senate Republicans, - in conference, decided not to filibuster t | against the trust bills. They are op i posed to them and will say so in 1 , speeches but their main purpose is to I bring about adjournment as soon as possible. Would Reward Workers. ? Washington.?Reward for officers ' | who had charge of Panama Canal work is proposed in Representative 1 Dent's bill favorably reported by the . Military Affairs Committee. It would extend the thanks of Congress to Col one! George W. Goethais, Brigadier ; j Goneral William C. Gorgas, Col. H. F. . Korices. Lieutenant Colonel William L. SiLcrt and Commander H. H. Rous ' seau, a naval civil engineer. The ; measure would authorize the Presi dent to appoint Colonel Goethals and General Gorgas major general. Paris Wants No War. Taris.?Violent anti-war demonstra 11 Ions occurred on the boulevards ac ' companied by the singing of revolu : \ tionary songs. Large forces of police and mounted Republican guards under j i he direction of Prefect Pennion, fre i <iuently charged the crowds. Many | persons were knocked down and in ! jured. The disorders were complicat I ed by patriotic demonstration and on i several occasions attempts w^re made to rush the cafes frequented by Ger , mans, which finally were guarded by i police. '~';y . _ PEACE III EUROPE RESTS ON GERMANY GERMAN CABINET SITS IN CON FERENCE; EMPEROR PRE* ^ SIDES. BRITISH NAVY JS PREPARED St. Petersburg Expects Austria to De clare War Against Russia.?Offi cial Battle Report of Day. < London.?News comes that the Ger man Cabinet, > presided over by the Emperor, sat at Potsdam until mid night and that a consorship over the telegraph lines is being imposed at Berlin. It Is fully expected both at London and Berlin that the Russian Foreign Minister, SergiuB Sazonoff, will reply to Germany's demand for an explana tion to the effect that the Russian mobilization has already been order ed and cannot be cancelled. . In the eveot of Germany mobilizing it is expected that Premier Asquith immediately will aak Parliament to sanction.a large vote of credit as & necessary precaution. The British Navy is prepared for war at a moment's notice and the. British Army is quietly and swiftly preparing. The war office throws cold* water on the word "moblization," and has issued another carefully framed notice to the newspapers that only "the usual precautions" are be ing taken. Vienna.?The following official dis patch was- received here: * "About midnight machine gun,fire was opened from Belgrade and in re ply the Austro-Hungarlan monitors bombarded the city. "At 1 o'clock in the morning the powder magazine in Belgrade blew up. At dawn the Servians made an other unsuccessful attempt to destroy the bridge. "As shots were fired from the Ser vian customs house upon our troops, our artillery was trained upon the building which was quickly demolish-. ed. This was followed by the sound of rifle fire. Simultaneously Area broke out at different .points in Bel grade. "During the Servian attempts to blow up "the bridge 16 Servian? were captured by our men and taken to Petervardein. "It is rumored serious disturbances have broken out in new Servia where the non-Sfervian elements are report ed to have refused to enter ,the army." AMERICAN MARKET AFFECTED. Foreign Troubles Cause Big Slump In Cotton Market. New York.?The New York Stock Exchange bore the brunrt of tremen dous world-wide liquidation of securi ties, inspired solely by the war clouds which more omnious than ever, hung over all Europe. It centered here be cause there is no other primary se curity market in the world which is not either cloted or under restriction. Prices broke from 6 to 17 points un der an overturn of 1,300,000 shares of stock, a large part of which repre sented the "dumping" by foreign holders of American securities and the selling of foreign shippers. n - ? A?? n?*Atr{Aiia AT. j unicago.?^ouutu/ w yivTiwo j perience, wheat prices in the final dealings here were being driven, not j up, but down by prospects that the t Austro-Servian war would spread. Af } ter a rise of nine cents a bushel, r values shrunk as much as three cents ' in 30 minutes, largely on account of i bold assertions that the bulk of the surplus crop of the United States instead of being rushed to Europe, / r" might be held in this country as a re I suit of general war disrupting Ocean irave. 1 New Orleans. 1? The New Orleans cotton market experienced Its most ! decided break in years on reports ! from Europe. At Ihe lowest prices were 82 to 91 points below the close * yesterday but in the last few minutes 1 the market took a slight brace on profit-taking sales and closed 77 to 80 points down or at an average of $4 a bale. Peace in Mexico. Washington.?Referring to the Mex ican situation generally President Wilson described the outlook for peace as "entirely encouraging." Ad vices from every quarter to the Wash ington Government showed the restor ation of tranquility , throughout the Republic. The Zapata faction now is working in harmony with the Consti tutionalists and an agreement has been consummated through which the support of the Southern revolu tionary forces is promised to the new Constitutionalist government. Insurance Was Limited. New York.?Brisk buying of war risk insurance covering gold exports continued at the record rate, set re cently of $5,000 per $1,000,000 of gold I insured. Even at these figures some of the underwriters refused to take | any more risks for shipments on the steamship St. Louis, which sails to ' ?.JaW Or AAA AAA rrn iuurruw Wlvll ttUUlLl ^U,UVV,UVU. lUO feeling prevailed that the insurance companies faced a situation where it might become difficult for them to pay losses under adverse circumstances. Emperor Warmly Greeted. Vienna.?Scenes of extraordinary enthusiasm accompanied Emperor Franeis Joseph's return to the Aus trian capital. Enormous throngs carrying banners and led by semi military bands formed into procession behind the veteran monarch and j escorted him to SchoenliruTin Castle I amid a continuous roar of cheering. A ! movement is on foot among Ameri can citizens and British subjects liv | ing in Hungary to form a special corps to accompany the Hungarian army into the field. '