The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-12-06

cation, if arranged, would eventually form
new English party, which would have tre-
mendous majority in the House of Commons.
and would throw the Home Rulers
into such powerless minority that the
party might soon be expected to fall to pieces.
The Spectator advocates such measure, which,
1t says, would free the Conservative party from
the pressure of the Parnellite demands and give
the management of British affairs The
fact that the Spectator is frequently
inspired by Mr. Gladstone, and that, in this in
stance. 1t insists, as condition of the proposed
alliance, that Lord Salisbury shall first meet
Mr.. Parnell with positive and di-
rect refusal of coalition, would indi-
cate that the primary aim of both
Gladstone and the Tory leader. is to found
in British politics an element which will always
be able to place imperial affairs beyond the die
tation of Irish politicians. Both may calculate
that such al alliance as is proposed between
them will have the ultimate effect of rendering
impossible the temperance of such disturb
ing and tremendous organization as Mr.. Parnell
has succeeded in creating and operating In the
Conservative party, Lord Randolph Churchill
leads the element which favors meeting
Parnell's demand for broad meas
ure of local self-government for Ire
land, in return for the support
of the Natonalists on Tory measurers concern
ing local taxation in England land law reforms
and foreign policies. The more powerful among
the Conservative politicians, on the other hand,
and the most influential element in
the Conservative clubs are strongly op-
posed to forming any coalition with
Parnell They prefer arranging with Gladstone
for a united opposition to the Leagues de-
mands. They even advocate that no mat
ter how the elections result, Lord Sails
bury shall remain in Office, open Parlia-
ment, and challenge vote OF confidence.
1t is reported that the Premier himself favors
this course of conduct He has been warned
by his most valued supporters that any attempt
will lead to an immediate secession from his
(Sallsburys) party of large body of Tories,
who will go over to the Gladstone opposition.
From all this it is plain to that concensus
of English opinion to night is to the effect that
whatever political deals may be made in the fu-
ture the British Parliament will
hardly last twelve months. It's dissolution
is considered probable even during the first ses-
sion. The majority of the interests of Great
Britain are in the hands of the Conservatives.
The majority of British business men distrust
Mr.. Gladstone, because they regard his
foreign policy as too philosophical and not sufi-
ciently hard headed An undopbted increase of
activity in English trade followed the restora-
ton ton OF the Tories to =, power. This ac,
is now declining with them. At present the
Conservatives have become fearful of Glad
stones return to power, and imagine
that, 1t will be followed by
political chaos. This fear is beginning
Exchange At the opening of the campaign,
when the Conservative cause looked so hope
full, British consols and all foreign securities
fairly doomed. The public began to invest
money on an immense scale, and speculative
activity vert beyond anything before recorded
in English history. Since the rural vote has
diminished the Tory prospects the English mar.
ket has become feverish and unsettled. and oper
ators have become distrustful.
1t is announced tonight that if Mr.. Parnel
shall find himself unable to attend the coming
Chicago convention, he will send deputation
to represent him, consisting, probably Of Messrs.
Healy Sexton. and Thomas Power OConner.
Mr.. James Stephens, exHead-cente of the
Fenian Brotherhood, has issued manifesto to
the Irish people, concurring in the views of Mr..
Parnell that the restoration of the Irish Parlia-
ment is the minimum Of the demands of the
Irish S.cty.
The latest returns show 313 Liberals 243
Tories and 20 Parnelltes elected. Seventy con-
stituencies are yet unpoled, and Of these twenty
two are English, one Welsh, four Scotch and
seventeen Irish Careful estimates of the proba-
BILE results in the unpolled districts show that
the House of Commons is almost certain to be
composed of 331 Liberals, 255 Conservatives and
81 Parnellites.
In Cumberland Cockermouth division, c. J.
Valentine Conservative. has been elected by
majority of ten over Sir Wilfred Lawson, Lib
eral. The defeat of Sir Wilfred has created
sensation