The Great Round World and What Is Going On In It, Vol. 1, No. 48, October 7, 1897 A Weekly Magazine for Boys and Girls
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The Great Round World and What Is Going On In It, Vol. 1, No. 48, October 7, 1897 A Weekly Magazine for Boys and Girls - Various Various
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Title: The Great Round World and What Is Going On In It, Vol. 1, No. 48, October 7, 1897
A Weekly Magazine for Boys and Girls
Author: Various
Editor: Julia Truitt Bishop
Release Date: June 9, 2005 [EBook #16029]
Language: English
*** START OF THIS PROJECT GUTENBERG EBOOK THE GREAT ROUND WORLD ***
Produced by Juliet Sutherland, Emmy and the Online
Distributed Proofreading Team.(www.pgdp.net)
Vol. 1 October 7, 1897. No. 48
Copyright, 1897, by The Great Round World Publishing Company.
The peace negotiations are settled; that is to say, the plans suggested by Lord Salisbury, and agreed to by the Powers, have also been accepted by the Sultan.
On the 18th of September, after a conference of three hours, the ambassadors and Tewfik Pasha signed their names to the treaty. As soon as this was done, Tewfik carried the document to the palace and obtained the Sultan's signature also.
According to the terms of the treaty, the troops are to be withdrawn from Thessaly within one month after it goes into effect, and the Powers are to control the income of Greece until the war indemnity of fifteen million dollars shall be paid.
Nothing now remains but for Greece to agree and for King George to sign his name beside that of the Sultan.
Though every one must feel glad that peace has been made between these two warring nations, yet the terms are so hard for Greece that if she signs the treaty she will practically be signing away her independence as a nation.
There is a very shameful story behind the Greco-Turkish war. In the histories that will be written about it, it will be recorded that Greece was sacrificed by Europe for the sake of Turkish gold.
We have told you before of the money difficulties in Turkey, and that the Sultan has been called the Sick Man of Europe
because of the unfortunate condition of his affairs, which were in such a deplorable state that it seemed as though the kingdom of Turkey must soon be swallowed up by the more powerful nations of Europe.
The Turkish nation has been on the verge of bankruptcy for many years. To help the struggling Government along loans of money have been made at different times, and all that was of value in the country pledged as security for the repayment of the loans. Bonds were issued on these securities, but owing to the impoverished condition of the country they were of very little value, and at one time the Turkish bonds were the joke of the