New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-03
BRITISH GOSSIP.
'ERsONAL NOTES FROM LONDON.

EEW-YORk-MEETIS0 OF Mr. SCHULZ AND MIX
BRIGHr-LoRD HoUGHToN LIKELY TO VISIT
AMERICA
iTRoh THE REGULAR CORRESPONDENT OF THE TRIBUNE
LONDON, June 10.-The Echo has been sold to Mr..
Albert Grant, and Mr. Arthur Arnold has promptly
resigned the editorship of that journal. Instantly
resigned would be the more accurate phrase. be-
leve the changes in proprietorship and editorship
were simultaneous. No one who knows Mr.. Arnold
could have expected him to act otherwise. He is an
honorable man, straightforward, sure of his own
mind, and one of the best journalists we have-not
at all the man 10 serve under Mr.. Albert Grant,
name of evil Specification to others besides Emma
Mine stockholders. He has had great successes of
certain kind, among other peculiar feats having once
temporarily acquired, it was believed II hope wrong
lyl, the prOpre,orshp of American Minister. His
purchase of a popular paper looks like an effort t.
import of the less desirable features of Partisan
journalism into London. Not a few of the
80 daily papers published in the French
capital are understood To be in the pay of
Bourse operators. Perhaps Partisan money article
written purely in the interest of the public would be-
the exception. The Echo has not hitherto been par
tcularly devoted to financial matters IL was
founded in 1868 by book firm, Messrs. Cassell, Pct
ter 4 Galpin. Mr. Arnold was its editor from the
start, and TO him have been due the good position
and very considerable irAnence it has attained. IL
was an experiment in journalism. Nobody believed
haf-penny paper tone cent could be made to pay
The margin of possible profit Oh circulation was eX
cessively narrow with paper cheap, and it dis
appeared instantly with a slight rise III the value of
that indispensable article. Its advertising rates.
again, have never been very high though its circu
lati0n is said to have reached 10000. Latterly
have heard il put at 10000 TO $4,000. But London
advertisers have theory that evening papers
|
news and throw them quickly away. No paper
is sold so largely in the streets The EchOts pro-
portion also of street sale TO sale at the railway
stalls beng much larger than usual. Gcner-
ally, the circulation of a London daily paper
may be calculated pretty nearly from the
numbers taken by the great newsdealers of the
United Kingdom, Mcssrs. w. II. Smith K Son. II
may be said that The EcaO has been rather too good
for the class of buyers it particularly solicited
those to whom the difference between a ha.f penny
| and a penny is important. Mr. Arthur Arnold Is a
nan Of much serious culture, very steady in his
beliefs, and quite bent doing his best in any kind
of work he attempts lie pat too much into his
paper possibly, and might have made il better liked
by the popuacc if he had made it less good in STYLE
tone, and aim. What Mr.. Albert Grant means to DO
with it is matter of conjecture, but it is safe to say
he will not impair lis prosperity by aiming too high.
not to say socitude A widely circulated daily
paper in the exclusive control of linancier' like
Mr. Albert Grant Is u novelty, and not agreeable
one 10 those who would ike 10 see journalism eie-
waited and not degraded.
Mr.. Cyrus Field sails for NewYork tO-day-On n
visit. doubtless. He has been feeling the pulse Of
the British public with n view to that Pacific cable,
which j. thinks it the mission of his next few years
To- lay. FIR this he wants the thrilling sum of Two
|
Millions sterling say Ten Millions of dollars, and he
vii beyond question get it, sooner or later. Prob
ably sooner than later; people here having made up
their minds that Mr.. Field is a man who will have
his way in such matters. Meantime he has plenty
Of oher tecgrgphc business occupy himself with.
The prosperity Of tine Anglo-American Company
under It's reduced tariff is not such rs TO give I'M
mixed satisfaction to ts stockholders and directors
especially with the near prospect of a brisk com
petition with the Direct Gable Company. IL IL
understood the latter will begin ut "a shilling word.
At present there is said to be flaw in It's cable, in
about Zoo fathoms Of water this side Of New
foundand, which the Faraday has gone to repair.
That d,ue, We shall be likely TO have some expert
ments in cheap telegraphy tred-for the benefit of
the public and of stockholders as well. The two
shilling rate does not reach what | may call the
social strata. Ii il still too high The average hus-
band will not pay fifty cents word every other
other side of the Atlantic. Whether he will pay
half that may be a question. That be will pay
something, inland telegraphing has proved 1t only
remains to find out how much.
MI Field gave a lunch yesterday at his hotel to
Mr. Carl Schurz, two three hours before starting
for Liverpool Mr.. Bright, Dean Stanley, Mr. Morgan.
the Rev DR.. Scharf and tine Rev. DR.. Field of New
York and many other well-llnOwn men were among
the twenty guests. 1t was Mr.. Schurz's first meet
ing with Mr.. Bright though they had exchanged
calls preyiously-only to find each other not at
home; as too commonly happens in this hurried
season. when twenty-four hours never seem quite
enough for what you have 10 do in them. Their
conversation long, lasting till Mr.. Field was on
his way 10 Liverpool, pas; o'clock, and know not
how much later They meet again This morning at
Mr.. Russell Gurneys. On Thursday evening MI
Schurz made his first visit to the House of Com
mons, under Sir Charles bikes care; gong down
about midnight and getting away at 2 III the morn
inc the legislative habits of the country not being
formed on the early to bed and early To rise principle
Dean STANLEY opens the pulpit Of Westminster
Abbey on sunday, July /. to the Rev DR.. Nmt0n.
Of Massachusetts,. II il by no means the first
time the famous Dean has shown his readiness To
fraternize with. his American colleagues word
which does not seem the right one, but which Use
because cannot think of one more suited to eeclos
astica minds. Mr. Boxer late Minister at Consant-
nople some months since appointed Minister AZ st.
Petersburg, is expected in London shortly; having
chosen this ~ the most convenient road though not
precisely the shortest from the Turkish 20 the Rus
sian captal IL has been reported more than once
that Mr. Boxer would not occupy his new post
the climate OF which he fears may prove
too severe for his wife. But | don't advise
oce-scckers of a diplomatic turn of ambition to try
for the place just yet. Miss ma no longer
spending her energies on her London orphanage but
living quietly with her brother Julian at Twcken