Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1885-08-02
SITUATION ABROAD.
THE ENGLISH CAMPAIGN.
Hesh Parties Somewhat Demosaiixed-Gs
Kssae,ph cas,ealn raraaiis wnlspse In
Mr.. Gladstone Stient.

LoNDON, AuSust ls--ditucusn the
electoral campaign Is about 10 open
both political parties arc still in search
of definite programme Of party ac-
1ion. The Developments Of the past
week have disclosed an immense rup-
ture in the Conservative party. This
has been caused through the discomfort
of cd Tories, who constitute the vast
bulk Of the party. They believe the
present Conservative leaders have been
gong too far in their efforts TO Pro-
pitiate the Parnellites and secure them
rs allies. RESPONSIVENESS have been
sent to the Marquis OF Sails
bury from nearly all the provincial
Tory election agents. These remon-
strsnces. added to the protests OF the
Conservative members OF Parliament,
have been made the subject OF Cabinet
discussion. The resslt is that Lord
Randolph Churchill has submitted to
marty discipline. He has agreed to
lake an humber public rate, aud has
engaged to go before his angry aud dis
appointed party colleagues in Liverpool
and explain to them and attempt to
Justify his relations with the Irish
Home-Rulers. He has also consented
to 20 on an electioneering tour under
the direction Of the Marquis Of Sails
bury. Lord Randolph is stubborn,
however, and has not surrendered
Internationally. He has secured the
consent Of his more aged party man
ayers to advocate q conservative policy
which will embrace local government
reform and reform in the British land
laws. II is true that these terms are
very general, but it may be safely pre-
dicted that having committed his party
to the general advocacy Of local self
government and the land-laws reform,
Lord Randolph will in his own good
time secure the adhesion OF the young
Conservatives to decidedly particular
and radical application Of the same
principles. lie will then trade-that
is, he will merge his following
with that of ParDell and Chamberlain,
snap his finger at Lord Salisbury and
"old fogies," and 60 in for leadership
on his own account. Bad off politically
rs the Tories seem to be, the Liberals
appear to be in worse condition. They
have, it seems, small prospects Of Sc
curing amity Of conduct among their
ciansmen in the coming elections, and
smaller prospects still Of agreeing on
party cry. Mr.. Brett, secretary TO the
Marquis Of Harrington. Gladstone's
Minister for War, caused more or less
political excitement the other day by
writing q public letter deploring the
lack OF party unity among the Liberals,
and insisting upon the necessity of
the psrty's joining in formal declara-
ton of policy. 1t il now said that
Brett's action was undertaken with the
design Of drawing Gladstone out and
inducing him to speak. But the "grand
old man - refuses to speak--refuses to
reformulate policy for his distracted
party--despite the constant representa-
tons of his colleagues that it is time to
proclaim principles on which he means
to appeal to the electorate. Treyelyan,
who was the Liberal Chancellor OF the
Duchy OF Lancaster, John Morley, and
y large number of other Radicals of their
school, have outlined political plat
form which they urge the Liberal party
to adopt. 1t demands the disestablish-
ment Of the Church in Ireland and Scot
land. home rule for Ireland, and reform
in the feudal land system. The Dem
ocratic Radicals accept this platform,
but insist on adding to it demand for
shorter Parliaments; for the abolition
Of the House Of Lords, and for the pay
ment of salaries to the members Of the
House Of Commons, so that poor men
can 60 there TO represent the poor of
Great Britain.
FARQUHARsoN, THE DEFAULTER.
Fsrquharson, the defaulting Dublin
manager of the Munster Bank. who alb
seconded, has been traced to Leith, and
it is now supposed that he has sailed
thence to Norway, where he would be
beyond the reach of extrsdition laws.
Inquiry shows that he took with him
between $50, 900 and s75, 900 in cash and
negotiable paper. He had, before his
flight, for long time been heavy loser
in speculations on the London Stock
Exchange. Farquharson, at the time
of the collapse of the Munster Bank,
was engaged to be married to daugh-
ter of a rich and well-known Dublin
brewer. The wedding-day was fixed
for the end Of August. Farquharson
had purchased for s25, ZOO beautiful
cottage on Lesson Park, and had fur
nished it in gorgeous style. 1t is now
certain that when the crisis came in
the affairs of the Munster Bank,
Farquharson attempted to con-
ceal his rascality by forcing liqui-
dalton proceedings in the alleged
interest Of the Dublin shareholders.
He had filed petition praying for liqui-
dalton proceedings, and if they had
cone on he would by them have been
enabled to conceal his misdeeds, per-
hsps, until he had made good his def
ciencies. The Cork committee Of share
holders were suspicious Of the Dublin
proceedings, and opposed them. Parqu-
barson thereupon concluded that his
game was played, and he ran away.
An assistant whom some months ago
he had arrested for an alleged theft Of
eos. 900 from the Dublin branch Of the
bank, il is now known, was innocent,
and was sacrificed to cover up his su-
perior's robberies.
The assistant viii be reinstated in
the reconstructed Munster Bank.
The total subscriptions to the Egyp-
tisn loan amounted to l,000, 900, 00e.
The amount Of the loan was but AS
100000. In Paris the subscriptions
reached s245, 200, 900. and in Berlin
they amounted to $3.50, 100000. The
London subscriptions figured up $685.
600. 1000. The scrip Of this loan is now
quoted at 81 per cent. premium.
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