Warburg Confesses Sacrifice as He Quits Banking Ties
Senator inquiries expose Haus M Warburg's pledge to sever all banking holdings and philanthropic links upon joining the Federal Reserve Board. He vows to leave Kuhn Loeb & Co Hamburg firm and railroads, sees citizenship and currency reform as core aims, and frames the move as a significant personal sacrifice for public service. He praises the present currency law’s varied discount rates and explains political leanings as generally Republican with support for Democratic candidates in a legal case.
MENTIONED IN THIS ARTICLE
Haus M. Warburg
Senate Banking Committees
New
Federal Reserve Board
Kuhn, Loeb & Co
Hamburg
Federal Reserve
Caesar
al- Manges
Warburg
Baltimore
Rent
Wilson
Galt
Sia
Kaiser Asks Belgians To Let His Army Pass
London reports The Daily Mail says Germany again approached Belgium through Holland after a fruitless assault on the fortifications. It states Berlin asked Belgium to reconsider its refusal to allow German troops to traverse Belgium to save blood and treasure, but Belgium refused.
MENTIONED IN THIS ARTICLE
London
The
Daily Mail
Belgium
Danish Danish destroyer sunk by German mine report
London August 12 Danish Danish press notes the German torpedo boat destroyer reported sunk off South Gedser on August 5. It says the vessel was actually destroyed by a tube laid by a German warship. The Danish and Swedish steamers reportedly ceased running after information of contact mines laid by Germans in the North Sea.
MENTIONED IN THIS ARTICLE
London
Copenhagen
The
Daily Mail
South Gedser
North Sea
Allied Armies Massed in Belgium for Imminent Battle
Brussels dispatch reports Allied forces massed along a 20 mile Belgian front with major preparations for battle. German cavalry advances threaten Liege as Belgian troops slow German progress, while French and British concentrate at key points. Brussels remains a raid target but staff appear intent on decisive strike when hour arrives.
MENTIONED IN THIS ARTICLE
Belgium
Brussels
Paris
Liegé
Tongres
Durty
Limburg
Liege
Ernest Smith
Liega
Russians Defeat Foe at Eydtkuhnen in East Prussia
St. Petersburg reports German air maneuvers along the Russian frontier caused no damage. German infantry and artillery detachment failed to seize Eydtkuhnen, east Prussia, after Russian troops were sent there early in the war. London cites a Berlin telegram acknowledging heavy German losses on the frontier.
MENTIONED IN THIS ARTICLE
St. Petersburg
London
Eydtkuhnen
East Prussia
Berlin
Daily Telegraph
Austrian Envoy in London Quits as War Fears Rise
London Aug 12 Arrangements are made for the departure tomorrow of Austro-Hungarian Ambassador Count A Mensdorff Pouilly Dietrichstein who has served England eighteen years as secretary minister and ambassador He is a close friend of the British royal family Rumors say England will declare war against Austria soon.
MENTIONED IN THIS ARTICLE
London
Count A. Mensdorff- Pouilly Dietrichstein
England
Austria
Germans Bombard Port a Mousson Town
Paris reports Germans bombarded Port a Mousson in Maerthe and Moselle about 20 miles northwest of Nancy. The shelling began yesterday morning with about a hundred large caliber shells. Many inhabitants were killed or wounded and buildings were demolished.
MENTIONED IN THIS ARTICLE
Port-a-Mousson
Paris
Port-a- Mousson
Maerthe and
Moselle
Nancy
Belgians Hold Front as German Cavalry Presses South
Belgium fights to slow German cavalry from St Trond to Hannut and presses toward Tirlemont where a thousand German horsemen attacked Belgian lancers. Belgians report losses, while Liege fortifications slow the German advance as air raids, bridge actions, and railway saboteurs unfold.
MENTIONED IN THIS ARTICLE
Ourthe
Meuse
France
St. Trond
Hannut
Tirlemont
Hougaerde
Jodoigne
Dowager Empress Maria Feodorovna Arrives in Berne for Surgery
The Dowager Empress of Russia Maria Feodorovna, sister of Queen Mother Alexandra, has landed in Berne Switzerland via Paria on August 12 and is seriously ill. It is reported she will undergo a surgical operation and stay in Switzerland during the war after a Berlin stop on August 3 en route to Saint Petersburg.
MENTIONED IN THIS ARTICLE
Berne
Switzerland
Paria
Maria Feodorovma
Russia
Alexandra
Berlin
St. Peterburg
Stockholm
Scutari Captured by Montenegrin Troops
Rome report via London says Corriere Dalla Sera states Montenegrin forces have captured Scutari, marking a wartime development.
MENTIONED IN THIS ARTICLE
Scutari
Rome
London
Corriere Dalla Sera
Trade Conference on Grain Movement and Foreign Bills
A high level gathering of banking, trade, and shipping leaders from across the United States will meet at the Treasury Department to discuss moving grain to Europe and restoring the market for foreign bills of exchange. Secretary McAdoo and members of the Federal Reserve Board will attend, with the President to meet the visitors after the conference. Attendees include leading figures from Clearing houses, the National Foreign Trade Council, the Chamber of Commerce, New York Produce Exchange, Chicago Board of Trade, milling interests, and West and Northwest associations, among others.
MENTIONED IN THIS ARTICLE
Trensury Department
Hirope
McAdoo
Huston
Federal Reserve Board
Treasury Department
Alexander
William Woodward
New York
John J. Arnald
H. G. P. Deans
Joseph McCurrach
Chicago
David HK. Francis
Breckenridge Jones
Festus J. Wade
St. Louis
F. G. Crowell
Kansas City
National Foreign Trade Council
James
Hill
St. Paul
P. A
Franklin
Clarke
James A. Parrett
John D. Ryan
Willard Straight
E. P. Thomas
Samuel D. Capen
J. A. G. Carson
Eltigon A. Smyth
Greenville
D. C
Barton Meyers
Norfolk
Robert Dollar
San Francisco
Edwin N. Hurley
W. [. Simmons
Philadelphia
Chamber
Censorship of German Austrian and Russian Dispatches
A New York report notes cables to Germany cut and London only meager dispatches possible from German and Austro-Hungarian empires. It states British censorship applies to even these telegraph reports and that France and Belgium reports are government supervised.
MENTIONED IN THIS ARTICLE
New York
Associated Frees Papera
Germany
London
France
Belgium
Elville-E. Stone
Associated Fresn
Servian and Montenegrin Armies Operate in Bosnia War Prep
Nish Aug. 12 The Servian and Montenegrin armies have joined on the Herzegovina border and now operate together. Servian artillery bombs Gorashda on the Drina 29 miles southeast of Sarajevo as troops report capturing Vardishta at the Drina Danube junction. Reports from Sofia say Bulgaria prepares for possible actions while Belgrade endures Austrian bombardment.
MENTIONED IN THIS ARTICLE
Nish
Servia
Herzegovina
Gorashda
Drina
Sarajevo
Vardishta
Lin
Save
Danube
Belgrade
Viennapital
Sofia
A Pre
Bosnia
London
Plevije
Tashllja
Novibazar
Radomir Patnik
Jankovitch
Nene
Athens
Dalmatia
Boudovon
Spetsce
Siege Guns Shake Buildings Far From Liege
War dispatches from August report heavy German siege guns arriving before Liege and firing on Maastrich, 29 miles away, as forts answer with vigor. Observers note bridges over the Meuse, church steeples shelled for signaling, and skirmishes near Stroud. Brussels remains telephonically linked to Liege with Belgian forts holding.
MENTIONED IN THIS ARTICLE
New York
Hugh Martin
Rotterdam
Liege
Maastrich
Meuse
Sttroud
Post Wheeler Fails to Reach Tokyo From Europe
London report says Fost Wheeler, first secretary at Tokyo, arrived after futile attempts from Berlin via Trans Siberian Railroad. Russian Ambassador offered help to Russia, German authorities moved to Copenhagen. Wheeler reached Moscow then gave up and came to London with Mrs Ollie James and 30 Americans.
MENTIONED IN THIS ARTICLE
London
Fost Wheeler
Tokyo
Berlin
Mr. Wheeler
Russia
Copenhagen
Wheeler
Moscow
Ollie James
France claims victory as Germans repulsed near Mangiennes
Paris reports a French war office official annoucement detailing victory over German forces in Meuse Meurthe Moselle. At Mangiennes northeast of Verdun a sharp engagement yielded six guns and heavy artillery captured by French troops. Germans reportedly fought fiercely as French reserves reinforced the front and turned the tide with a counter attack.
MENTIONED IN THIS ARTICLE
Montreal
Paris
Montreal Star
French War Office
Republic
France
Meuse
Meurth-Eil-Moselle
Mangiennes
Verdun
Italians Allowed to Stay in France Says Tittoni
Italian Ambassador Tomaso Tittoni posted a notice in Paris stating Italy has proclaimed and will maintain strict neutrality. Italians may continue to reside in France in full security without alarm.
MENTIONED IN THIS ARTICLE
Paris
Tomaso Tittoni
France
Italy
German Chancellor Speech on Luxemburg Neutrality
Berlin reports the Imperial Chancellor von Bethmann-Hollweg declared Germany’s occupation of Luxemburg and potential Belgian soil was a state of necessity. He cited anticipated French invasion and said Germany would justify its actions after its military aims are reached, urging resolve among those threatened.
MENTIONED IN THIS ARTICLE
Berlin
Aus
von Bethmann-Hollweg
Reichstag
Luxemburg
Brussels
France
Belgium
Prince George Wounded by Shell at Belgrade
A Central News dispatch from Nish reports Prince George of Servia was struck on the head by a shell fragment while watching Austrian bombardment of Belgrade. He was rendered unconscious but the wound is not thought dangerous.
MENTIONED IN THIS ARTICLE
London
Nish
Servia
George of
Bervia
Belgrade
German War Loans Strain Nation's Credit
Berlin reports Germany borrows 1.325 billion dollars worsening credit strain. Reichstag passes emergency bill authorizing the huge loan and empowers the Imperial Bank to back note issues with minimal signatures. All paper money becomes legal tender and food exports are forbidden. Special loans and securities operations are planned under Imperial Bank supervision.
MENTIONED IN THIS ARTICLE
Berlin
Copenhagen
Germany
Reichstag
Imperial Bank
Perial Bank
Turkey Believed To Have Bought Goeben and Breslau
London Aug 1 Morning Daily Mail says Turkey assured Britain the German cruisers Goeben and Breslau now at the Dardanelles would be disarmed but the paper believes Turkey has purchased them and will put them in commission. A move toward alliance with Germany or revenge on Greece could trigger swift retribution. Germany offered the ships earlier but Turkey would not accept transfer without the crew.
MENTIONED IN THIS ARTICLE
London
The
Daily Mail
Turkey
Goeben
Breslau
Dardanelles
Kla
Daily Mall
Germany
Greece
Barred from Berlin refugees enter Britain by boat
London reports on American relief efforts for Germans in wartime. British authorities state Americans are not barred, and talks hinge on loans and entry policies. Van Dyke plans small American parties to England from the Netherlands. ships to Italy and Havre also discussed for repatriation and relief.
MENTIONED IN THIS ARTICLE
Hague
Holland
England
London
Japan and Russia Engage in Diplomatic Parley
London Aug 3 The Times correspondent says conferences between Japanese Ambassador Baron Motone and Russian Foreign Minister M Sazonoff drew much interest The Times treats as fact the report that Turkey may purchase the German cruiser Goeben The Turkish embassy here also believes the news is correct
MENTIONED IN THIS ARTICLE
London
the &J
Austrian envoy to Italy resigns on health grounds
Vienna Aug 12 The Austro-Hungarian Ambassador to Italy Kajetan Mercy de Kapos Mere has resigned due to illness. Haror Kari von Macchio, departmental chief at the Austro-Hungarian foreign office, is named to succeed him temporarily.
MENTIONED IN THIS ARTICLE
Vienna
London
Italy
Kajetan Mercy de Kapos-Mere
Haror Kari von Macchio
Foreign Office
Aristocratic Russians in Germany Reported Mistreated
St Petersburg via London reports that 36 prominent Russians who summered at health resorts in the south were imprisoned during their journey to the frontier. The party included Countess Veontzow-Dashkow, wife of the viceroy of the Caucasus, her two daughters, and other titled individuals. Officials state they were roughly handled by police and military.
MENTIONED IN THIS ARTICLE
St. Petersburg
London
Germany
yontzow-Dashkow
Caucasus
Schebeke
Council of the
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