The Archive · 1901

News from Europe

The Secretary of the Navy, Vice-Admiral von Tirpitz, proposes to establish a coaling station in the South Sea and to declare for this purpose all collieries there to be the property of the Government. The Director of the Golonial Office, Privy Councillor De. Stuebel, consequently asked the Governor of German New-Guinea at Herbertshihe, von Bennigsen, to make a report on this question The liabilities of the Leipziger Bank amount to 92 million marks, the assets te 150 millions, whereof 111 millions come under the heading of sundry debtors, The 6 director of the bank, Mr. Exner, has been arrested.

Text read from the printed page and cleaned; old type leaves the occasional error.

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