Altogether M. Witte was an inconvenient personage in an administration in which strong personality is regarded as entirely out of place, and in which personal initiative is supposed to reside exclusively in the Tsar. In addition to all this he was a man who felt keenly, and when he was irritated he did not always keep the unruly member under strict control. If I am correctly informed, it was some imprudent and not very respectful remarks, repeated by a subordinate and transmitted by a Grand Duke to the Tsar, which were the immediate cause of his transfer from the influential post of Minister of Finance to the ornamental position of President of the Council of Ministers; but that was merely the proverbial last straw that broke the camel’s back. His position was already undermined, and it is the undermining process which I wish to describe.
The first to work for his overthrow were the Agrarian Conservatives. They could not deny that, from the purely fiscal point of view, his administration was a marvellous success; for he was rapidly doubling the revenue, and he had succeeded in replacing the fluctuating depreciated paper currency by a gold coinage; but they maintained that he was killing the goose that laid the golden eggs. Evidently the tax-paying power of the rural classes was being overstrained, for they were falling more and more into arrears in the payment of their taxes, and their impoverishment was yearly increasing. All their reserves had been exhausted, as was shown by the famines of 1891-92, when the Government had to spend hundreds of millions to feed them. Whilst the land was losing its fertility, those who had to live by it were increasing in numbers at an alarming rate. Already in some districts one-fifth of the peasant households had no longer any land of their own, and of those who still possessed land a large proportion had no longer the cattle and horses necessary to till and manure their allotments. No doubt M. Witte was beginning to perceive his mistake, and had done something to palliate the evils by improving the system of collecting the taxes and abolishing the duty on passports, but such merely palliative remedies could have little effect. While a few capitalists were amassing gigantic fortunes, the masses were slowly and surely advancing to the brink of starvation. The welfare of the agriculturists, who constitute nine-tenths of the whole population, was being ruthlessly sacrificed, and for what? For the creation of a manufacturing industry which rested on an artificial, precarious basis, and which had already begun to decline.


