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Cheyenne, Laramie County, Wyoming
What is this article about?
Speculation that Russia might assume the Turkish debt to neutralize England's support for the Ottoman Empire, amid fears that a Russian victory would render the massive English-held Turkish debt worthless, heightening English alarm over the Turkish question.
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Where did it happen?
Foreign News Details
Primary Location
Turkey
Outcome
russia potentially assumes turkish debt, quieting england and weakening turkish alliance; english-held debt could become worthless like confederate bonds.
Event Details
Russia may agree to assume the enormous Turkish debt held by Englishmen, neutralizing England's alarm and support for the Turks. This stems from fears that if Russia subdues the Turks, it would dictate treaty terms, rendering the debt worthless.