. Review of reviews and world's work. loan was raised largely in France. The creditof Japan is high, as she has always been re-garded as a good debtor. She has only beenborrowing on government bonds since 1870, andall her obligations have been met strictly ontime, on a number of noteworthy occasionsbefore maturity. Russian credit has alwaysbeen good, but Russians power to borrow must,it would seem, depend in a large degree uponher internal stability—of which some dubiousreports are now reaching us. The cost of thewar will undoubtedly greatly depress the pro-ductive power in both countries. It


. Review of reviews and world's work. loan was raised largely in France. The creditof Japan is high, as she has always been re-garded as a good debtor. She has only beenborrowing on government bonds since 1870, andall her obligations have been met strictly ontime, on a number of noteworthy occasionsbefore maturity. Russian credit has alwaysbeen good, but Russians power to borrow must,it would seem, depend in a large degree uponher internal stability—of which some dubiousreports are now reaching us. The cost of thewar will undoubtedly greatly depress the pro-ductive power in both countries. It comes as an odd coincidence thatne Kidnaping & United States naval commander, in Morocco. , with United States war vessels, shouldbe carrying out in Morocco, in the first yearsof the twentieth century, what an Americancommander, with American ships of war, wasdoing in the opening years of the 1804, Captain Decatur attacked and chas-. Ion Perdicaris. Cromwell Varley. THE AMERICAN AND BRITISH CITIZENS CAPTURED AND HELDBY THE MOROCCAN BANDIT, RAISULI. tised the Barbary pirates for attacks onAmerican commerce. It is a far cry from hisfrigate, the Philadelphia, to the splendid warshipthe Brooklyn, upon which Rear-Admiral Chad-wick flies his flag to-day. With the internaltroubles of Morocco we have no concern, andour government has acquiesced in the provisionsof the Anglo-French agreement by which Francespreponderance of influence in Morocco is recog-nized. The presence of American and Britishwarships in the harbor of Tangier for severalweeks in May and June was due solely to thefact that an American citizen, Ion Perdicaris, anda British subject, Cromwell Varley, had beencaptured by a Moorish bandit, Muley Ahmed, orRaisuli, as he is called, a descendant of the mostvenerated of Moroccan chiefs, and held for thepurpose of extorting money and other conces-sions from the unhappy Sultan. Raisuli seems -24 THE AMERICAN MONTHL


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Keywords: ., bookcentury1800, bookdecade1890, bookpublishernewyo, bookyear1890