Abstract

The Week

The article presents information on various developments from around the world with an emphasis on the U.S. political conditions. Virginia House of Delegates some time since appointed a Finance Committee to consider the question of taxation and the public debt in that State, which reported that it was inexpedient to legislate. France has declared her unalterable intention to remain neutral under all circumstances, which will leave Germany greater freedom of action than she would otherwise have had. The financial markets of the world have been disturbed during the week by the fear that at last war between Russia and Turkey is imminent. Securities of all kinds have fallen in the European exchanges, the largest decline having been in Russian and Turkish funds.