New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-01-22
BRITISH JOURNALISM.
PROBABLE CHANGES, AND SOME ALREADY
MADE.

| HIS SUCCESSOR A FAILURE-TnE LONDON DAILY
| TELEGRAPH ENLARGED.
| IRON THE REGULAR CORRESPONDENT OF THE TRIBUNE.
| LONDON IAN. 5.-The newspaper world is more or
less agitated with rumors Of the resignation of Mr.
Delane, the editor of The Times They are probably
untrue but the mere suggestion Of such event is
enough to set everybody specializing on the proba-
BILE causes of it, and it's consequences. It's poor
rnmor which cannot give some account of itself.
This processes to be based on Mr. Deanes morti6ca-
ton and anger at discovery of the relations between
MS late financial editor, Mr. Sampson, and Mr..
Orailt-or Baron Grant, as j suppose he is
| Titled To be called. The Times has prided it.
self on its incorruptibilty. Mr. Walter, it's chief
| proprietor, and Mr.. Delane are and always have
Deen beyond suspicion In all the gossip of UNI
licensed and lbertne tongues, their names have
escaped the least touch of censure in money mat
| tiers. 1t can hardly be supposed that they were
absolutely ignorant Of what was said about Mr..
Sampson-of his alleged relations with the ROths-
childs of his reputed speculations lucky and I'M
lucky; of the fortune he was believed to be amass-
ing. But there was no proof. Mr. Walter is re-
ported to have said that he would pay any sum
for evidence of corrupt dealing with the money
article of The Times but that without evidence no
could not believe nor act. He could not summon
Mr. Sampson to Justify himself against the tattle Of
on the strength of what bis enemies asserted in
situated Mr. Dclane and Mr.. Sampson have been
understood to be on cool terms for long time, but
Mr.. Delane was rs helpless Mr.. Walter.
and more so. The truth is Mr.. Sampson has
been great power. Nobody questioned his
financial abilities or his capacity fOr forclble state
ment in writing on financial Questions-whlch is
rather rare kind of talent in this country think
the first public charge made against him was
made not long ssr; 90 in The WOrld-the venturesome
new weekly which has begun on 80 many men
and things II was soon after the appearance of
this attack that Mr. Sampson left The Times. and
The World appears 10 be of opinion that 1T drove
Mr. Sampson from place. That is probably an error.
Tue truth | believe TO be that Mr.. Sampson had
some time previously sent in his resignation
whether because he had grown weary of work, or
grown rich enough for his ambition, or for what
other reason cannot say. No doubt he had good
one. Mr. Walter either declined the resignation at
the time delayed his acceptance of it, asking Mr..
Sampson to remain until successor could be found
not an easy matter. Then, it is said az the action
of Rubery against Sampson and Grant-Of which
l gave como account in a former letter.
proceeded. Mr.. Walter came to know Of certain
strange testimony taken by affidavit or under
commission before the Cause was brought to trial.
Mr.. SIMPSONS resignation was thereupon accepted
To this story some color of probability Is gwen
by that remarkable passage in the speech OF
Mr. Ginard at the tral-Mr. Gifard max
ing an occasion to declare that while nom
inally counsel for Mr.. Sampson. he was really
counsel for The Times; that The Times defended the
suit because its managers believed the exposure of
the diamond fraud one that ought to have been
made and had nothing to do with Mr.. SIMPSONS
motives in making it but that they never world
IL Ia tor
them To account for the transactions WHICH had
been laid bare between Mr.. Sampson and Baron
Grant-transactions which Mr. Sampson might or
might not be able to explain to the satisfaction of
the Jury. As the trial interrupted by the holt
days and will not be resumed till the 18th, we are
left to conjecture whether Mr.. Sampson means to
nick up the glove thus thrown down 10 him by his
old employers. 1t is not known whether no Will
take the stand but if he Goes not, and If he does
not i've SOME better explanation Of his connection
with Baron Grant than Baron Grant himself did, he
"a a ruined man. The world in that case must
believe some of the charges about the influences Tor
wears said to have been exerted through Sampson on
The Times money article Hence Mr.. Delaaes
chagrin and the talk, which believe will come to
nothing about his retirement. Nobody holds him
resuousible for Mr. Sampson, nor, should the worst
things said about the latter prove true wond they
affect Mr.. Delanc's good faith III the remotest way.
Meantime Mr. SIMPSONS successor, Mr. Crump
proves q failure and goes out and it 10 not known
who is to succeed him. hear nothing said against
Mr.. Crump except that he is not strong enough Tor
the post Not even the recommendation aud support
of the Bank of England, or of its Governor. on
which Mr.. Crnmp obtained the place. could make
him equal to its tremendous responsibilities. Inc
money article now bears date Printing House
NJ Mr. nnI old N
self nightly-a duty which he obviously could not
discharge permanently. He has quite enough to do
without that and he cannot spend the day on the
Stock Exchange as the writer of that article must
do if he means to know what is going on, and to
guard against surprises aud ambuscades.
Perhaps Mr.. Bernard Cracroft might have been
thought of for the place had he not been unlucky
enough to fail in business some time since, by the
fault Of an agent In Ireland in whom he put too
great trust He is an unusually good writer on
money Mr.. BagshOt's is q still stronger name. He
ia or has been banker is tho editor of The EconO-
mist author of Lombard Street." the cleverest of
recent books on finance, man of great experience
in affairs, thinker, and the master Of most lucid
and impressive style. But he is also most siren
nous opponent of the system, perhaps rather of
the theory on which the Bank OF England is man
aged. He is forever urging that it refuses to dis
charge OF to acknowledge its most important duties
to the public. That, presume. would be disqual-
ifcaton in his case. The Times does not want to
undertake hostiities against the Bank of England,
of which it has been the advocate.
Nor is anybody yet designated az Mr. Delanc's
successor in his editorshp of The Times The man
who comes after him is not to be enyied 1t Will be
long believe before the talk about successor
need be anything more than idle gossip. II men,
ton the report it is because it circuates in connec-
t;on with other matters which have no choice but