Reminiscences of the King of RoumaniaKremnitz, Mite
History
Reminiscences of the King of Roumania
Kremnitz, Mite
Carol I, King of Romania, 1839-1914; Eastern question (Balkan); Jews -- Romania; Romania -- History -- Charles I, 1866-1914
Pressure was brought to bear on Roumania by a Note maintaining the
rights of the German bondholders, addressed by Prince Bismarck to
the Sublime Porte as Suzerain of the Principalities. The Strousberg
affair thus threatened to become more a _question de force_ than a
_question de droit_. It appeared, moreover, that a lawsuit against
Strousberg was out of the question, as the bondholders, and not the
Roumanian Government, were the injured parties. Needless to say,
this opinion of the Prussian law-officers evoked great indignation
in Roumania.
Eventually, on January 2, 1872, the Chamber decided to offer the
bondholders two alternatives:
(_a_) To take over the rights and obligations of the first
concession, to complete the railways in three years with an annual
grant of nine millions towards the coupons; the payment of the last
year's interest, and the restitution of the deposit to be obtained
from Strousberg.
(_b_) To transfer all their rights to the Roumanian State, which
pledged itself to pay off the bonds (to be exchanged for State
papers) in forty-nine years' time by an annual payment of eleven
millions.
Three weeks later the Prince had the satisfaction of informing his
father that the vexed question appeared to be solved at last.
"You can hardly imagine what I have lived through during the
last weeks of the old year! Excitements, anxieties, and hopes
changed with every day. Day after day passed without any result,
or any hope of solving the unfortunate railway question: such a
strain on the nerves might have caused the strongest man to give
way. At first weeks passed before the matter reached the order
of the day, then the preliminary debates lasted fully four days;
the result was by no means certain the first two days, as the
Opposition brought all its batteries into action. I breathed
again on the evening of the fourth day, and the city also calmed
down at once from its former feverish excitement. The agitators
are afraid that the settlement of the railway question, which
they had made a dynastic one, has robbed them of their last
dangerous weapon....
"The Opposition used Von Radowitz's declaration in
Constantinople--that the Emperor was directly interested in an
arrangement--with much skill and perfidy, drawing the deduction
that the House of Hohenzollern was mixed up in this dirty
business. It is much too hackneyed and ridiculous to be even
annoyed about!"
Public-domain text, read in full here on John Shaqi.
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