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Show ALL GERMANY isjpic Worse Than the Dark Days of the Ameri- can Panic Berlin, Sept. 9. The financial world today experienced tho worst day since the beginning of the Moroccan crisis It was darker than any during the Amorlcan panic of 11)07. Although there were no developments develop-ments to Justify it, a feeling approaching approach-ing panic was widely evident throughout through-out Gormany. Newspaper offices were repeatedly queried as to whother it was true that the mobilization of the German army here had been ordered. A storm of selling orders burst on tho bourse. Futher savings" banks uns wore developed at Cologne, Essen, Es-sen, Alxlcs, Chappellc and other places, plac-es, even Including a Berlin suburb. ,Tho seat of unrest seems to be In the provinces, where the -little investors and savers are possessed with the idea that war is about to break and are' determined to secure thoir Investments Invest-ments at all costs, but tho big bank's gave them no encouragement to Join In the selling moemenL Tbe break In the Amorican market, tho bad crop situation and the expectation expec-tation that tho high cost of living would lead to labor troubles, all contributed con-tributed to a sharp decline from four to six per cent and Canadian Pacific lost fivo. The situation was so serious that It Invoked a scathing, Insplrod rebuke, re-buke, addressed to Gorman business mon, . through tbe Lokal Anzolger pointing out the folly of persons losing los-ing their heads over senseless and Incredible rumors now, in circulation, tho falsity of which was evident The paper declared thati an agreement already had been reached regarding the general object of the Franco-German negotiations relative to Morocco But tho time was necqssary to work out the guarantees If tho public feeling rises tbe government probably will be forced to issuo'an official statement state-ment regarding thepMoroccan situation, situa-tion, though It is feared that this will influence tho -negotiations In an unfavorable manner5 |