Savannah morning news. [volume] (Savannah) 1868-1887, 1886-04-17

hitting part of the great auspicious effort
10 sustain the plans of the British Legs
lature for the welfare of what had long
oeen and, the speaker hoped, would ever
oe, under the circumstances, far happier
tnan heretofore, an integral part OF Her
maJesty's dominion. Mr.. Gladstone spoke
ior one hour and thirtY-five minutes, and
sat down amid great applause.
Olr. Gladstone's proposal does not i'm
ply new issue of $50. 600 in 3 per
cents, but OF only ESQ, 900 from the
4loO,0O0,OO0 in the new 3s already au-
th0rzed.
CAAMBERLAIN'S LETTER OF REsIGNA-
TION.
Following Mr.. Gladstone Mr., Chamber
lam read the letter which he sent to Mr..
Gladstone rendering his resignation as a
member OF the Cabinet. In the letter Mr..
Chamberlain stated that Mr.. Gladstone's
policy would throw a heavy burden on
Great Britain, entailing an enormous ad-
ditlon TO the national debt and prOba-
bly, an immediate increase Of taxation.
not TO secure the union of the kingdom,
put TO purchase separation. Mr.. Cham
berlain then went on to say that the land
proposals, s,althOught they had been modified
since he had left the Cabinet, would still
impose a great burden on Great Britain,
without sufficient security for the loans
advanced.
SOP FOR THE LANDLORDS.
The bill was calculated, not so much to
benett tenants as a sop for landlords. AL
though only 950,000.000 was to be issued,
option to sell was offered to landowners,
hol0iug land valued at ESQ, 100000. Sup
posing that the full number of options to
sell should be accepted. how would all the
money be provided? He opposed the bill
~ VNf-rW aTNnln
tected the landlords. II the Irish Parlia-
ment was to be intrusted with the pro-
lection of the commercial classes and the
maintenance of social order, why could it
not be trusted TO protect landlords. The
government was putting on Ireland
burden which no Irish member could de-
clare to be fair price to give for the
landlords right. Cheers. The Irish peo-
pie would regard the bargain as one i'm
posed by foreign country, and would be
justified in taking the first opportunity TO
repudiate it. If the bargain should be
repudiated, how would it be enforced?
TOO BIG ARIsK.
The government could not disregard
the risk to British taxpayers under the
increasing depression in trade. Hun
dreds of thousands of hard workers in
England would probably be thrown out of
employment and would demand assist
ance from the State. While refusing to
assist deserving crOfters in Scotland and
pOstpOniug the claims OF English labOrers
could the government consistently grant
large sums for the Benefit of the Irish
peasantry? Cheers In conclusion, Mr..
Chamberlain said he was not an irrecOn-
cilableOppOnento Of Mr. .GladstOne's policy.
If the land proposals should be sufficiently
modified he would be happy to be relieved
of the duty OF continuing his present at
titude or opposition.
RECEIVED IN SILENCE.
Mr.. Gladstone's statement of the pro-
visions of his Irish land bill lacked COM
pleteness and clearness and evoked no en-
thusiasm from any quarter, even the Par
nellltes remaining silent during it's deliY-
cry. In the course of his remarks the
Premier said: 81 am strongly impressed
with the belief that it is not possible for
Parliament to acquire any adequate idea
of the measure except on close inspection
of it."
The bill itself met with general accept
ance, and this will have influence in cur
failing the debate. The vagueness of Mr..
GladstOne's language on the proposed is
sue of 3 per cents. caused a period Of sus-
pense and confusion as to what amount
should be loaned to the Irish exchequer.
THE SECTION EXPLAINED.
In explaining this section of the bill
Mr.. Gladstone said: purchases under
the act are to be made in per cent. stock.
issued on the application probably of the
Land Commission to the Treasury, under
regulations made by the Treasury. This
8 per cent. stock will, in all likelihood, be
what Is termed the new per cents. The
amount of the new per cents. is E $780,
100000, quite sufficient to insure eXten-
siye dealings. 1t so happens that the
mass Of Irish dealings in stocks is about
5000, GOO in cOnsOls against G27, 1000, 900
in new per cents. 1t is, therefore, prob
able that stock will be most convenient
for Irish holders"
The House interpreted this language to
mean that in addition to the $780, 900, 900
new per cents already I'm existence will
be added "A fresh issue OF ESQ, 900, 900 on ac-
count Of the Irish exchequer.
Mr.. Chamberlain's speech made great
impression.
The Scotch Liberals held an Informal
conference and decided to support Mr..
10 a sum sufficient TO assist In the pur-
chase OF only smaller holdings.
Mr.. Morley announced that the bill
would be in the members hands on Mon.
day. Permission was given to introduce
the bill, and the second reading was fixed
tor May IL.
DENIED BY THE POPE.
ROME, April l6.--Cardinal Jacobini, the
Papal Secretary Of State, has authorized
the London IOJlet to declare that the
statement that the Pope bad ordered a
sacred con gregati0n on extraordinary ec-
clesiastcal affairs, 10 study the Irish
question in view OF Premier Gladstone's
home rule bill, was without any founda-
tiOn Whatever.
international Interference.
Providence, r.. l., April l6.-la the
Senate today the GladstOne-P -Parnell reso-
luton OF sympathy passed by the House
met with strong opposition on grounds
of international Interference, and that
Ireland by voting money and men for
crushing the Colonial army in 1876 was
- onA.lIn.L- Ia .ut.L.nfhv nn tho annrn Of