The morning news., 1890-11-11
A GUILD HALL BANQUET.
THE LORD MAYOR ENTERTAINS
THE MINISTRY.

Lord Salisbury Speaks in Confidence
of Europe's Peace Prospects No Re-
taliatory Schemes Contemplated on
Account of the Mckinley Bill-The
Eight-Hour Bill.
LONDON, Nov. 10.-The Lord MAYOR gave
the customary banquet to the ministry in
Guild hall tonight. Mr.. Stanhope, sscre-
tary Of state for war, replying to toast to
the army, announced that all the regular
troops. both at home and abroad, would be
armed early in 1891 with new magazine
rifles. The experiments that had been
made with this new weapon had been in
every way satisfactory.
Lord Salisbury replied TO tho toast "The
Government" He said be regarded as a
good omen Of peace throughout the world
and of the general intent among the nations,
the fact that the czarowitz was about to
visit India as guest Of the queen. He felt
that this visit represented the growth Of
friendly ideas in Russia with reference to
India. ideas that were pregnant with bene-
fit to both countries, and that afforded
additional security for the peace Of Europe.
Touching the African .agresmsnts made
with France and Germany, he said they
tended TO cement the relations of England
with those countries, while negotiations
with Italy were making progress toward a
successful issue. Although tue dispute with
Portugal had not been so happily arranged,
still the position didn't justify any sinister
apprehensions.
TRADE WITH AMERICA.
Referring to trade with America, Lord
Salisbury said that the Mckinley tariff
law would certainly affect some portion of
the British commerce. Free traders could
rejoice over the recent electoral victories as
protest against extravagant and utterly
selfish protection, but they must not draw
conclusions too rashly. They must still
face the prospect of pFohibitive tariff.
England had no retaliatory schemes, as she
had reduced her own tariff 10 the lowest
point.
Referring TO the relations between
labor and capital. the premier said IL they
had an eight-hour bill forbidding men Co
exercise their strength and skill an hour or
two more thus imposing hindrance ON
production, they must be prepared to meet
rs natural result the victorious competi-
tion OF other countries where labor is not 30
embarrassed. The government, he declared.
would not interfere at all In disputes be-
tween capital and labor State inter-
ferences would do more harm than
good, aud the differences would in the course
rists and interested politicians might mis-
lead some workmen, but the heart and
mind OF the country would remain patriotic
and true 20 economic and commercial tradi-
tions. tCheers] The premier said he be-
lieved that the Mckinley tariff was due TO
| the idea that American pigs had failed to
| receive proper treatment at the hands Of
| Europe. He defended England's desire to
augment and consolidate her territory on
the ground that all other countries were
protective, and compelled her TO depend on
trade within the queens empire for the
vital force OF British commerce. lie re-
garded this tariff question as the worlds
conflict OF the future. 1T will be an inter-
esting consideration for u.s." he said.
whether our attitude can be sustained or
whether the madness Of our neighbors will
force US to defect In any degree from the
sound and sensible position we now oc-
cupy." He declined TO enter into political
prophesies. the futility of which,
be said recent events had
fully shown. For example, Boulanger
had won Ethe by-elections In ali the great
towns Of France, but he mad somehow failed
to win in the end. Skilled wire pullers In
America had been surprised at the sudden
uprising Of free trade. and European poll
tical men had been equally astonished at the
defeat Of Premier Tricoupio in Greece.
A LOST OPPORTUNITY.
LONDON, Nov. IL, 4 A. M-The Chronicle,
referring TO Premier Salisbury's speech,
says. Lord Salisbury had better have
omitted his reference 10 the labor question.
having nothing to propose He has missed
a great opportunity, which his opponents
will not be slow to occupy"