The Great Round World and What Is Going On In It, Vol. 1, No. 48, October 7, 1897 by Various


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The Project Gutenberg EBook of The Great Round World and What Is Going On
In It, Vol. 1, No. 48, October 7, 1897, by Various

This eBook is for the use of anyone anywhere at no cost and with
almost no restrictions whatsoever. You may copy it, give it away or
re-use it under the terms of the Project Gutenberg License included
with this eBook or online at

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

Character set encoding: ISO-8859-1


Produced by Juliet Sutherland, Emmy and the Online
Distributed Proofreading Team.(

[Illustration: THE GREAT ROUND

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According to the terms of the treaty, the troops are to be withdrawn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 stock market. Still, the bonds existed, and their holders
hoped at some time to get their money back.

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