The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-04-27
THE BRITISH ISLES.
How The Presidents Texas Speech Is Re-
CeiYed-LOrd Randolph Churchill.

NEW YORK, April 26.-Smalley in his Lon
don cablegram to the Tribune says: Moth
ing SO soon wakes up an EGglishman as any
declaration which threatens his trade. Ii
the declaration be from an American source
be rouses himself much quicker. President
Harrison's Texas speech has disturbed his
slumbeTs and something like growl may be
heard as the British lion opens his eyes and
yawns. There is an echo of "Rule Brit
tania" in it, exclaims enc Of the elderly
lions, which will, perhaps, surprise Presi-
dent Harrison. 1.-THE Republican party"
continues this geological curiosity, sis 60
ing to utilize some of the wealth of the
Union, borrowed or otherwise. England
supplies good deal of that to subsdize In
digenons real American mail steamers trad
ing between the northern and southern con-
tnentS."
The standard, from which l am quot
ing, treats the subject lightly, as you see,
aud describes President Harrison as an all
hopeful orator in gushing, romantic vein.
More to the purpose is the remark that the
United StaSes Government is laying itself
out TO capture the trade of South America,
just when European merchants and capital
lists are inclined to seek less of it. This
means that the holders of Argentine securi-
ties are having worse time of it than ever.
Certain 1t is, however, that the English still
hold fast to their onomieal theories and
do not believe in what they regard as arti-
fetal stimulants to trade. They cannot
even. or will not, read the signs of the times,
and they profess to be puzzled by what the
Secretary of the Treasury said of the Nc
Klnley tariff. They made up their minds
that Mckinley and his tariff were eXtin-
guished by the last election, and that the
sober second thought of the American peo-
pie should convince them that they might
still adhere 10 a well proved fiscal policy
seems TO the English mVSteriOuS
NO INTENTION OF REsIGNING.
Lord Randolph ChurchilPs departure for
South Africa is an indication that the Minis
try has no intention of diSSOlVing this year.
He will be absent six or seven months, and
his aid and influence would be almost lndIS-
pensable during a general election. His
prolonged absence from the office, his ap-
parent indifference to politics and his es-
arrangement from his former colleagues have
diminished his political Importance for the
moment, but has not destroyed his hold on
the country. He still has the ear of the
people, is still the best platform orator
in his party, and is still in closer
touch with the rank and file of the
party than any other leader. He goes
TO South Africa on business. He will
explore parts of Mashonaland, which is
expected to turn out new FL Dorado. 1t is
long and trying journey, which some of
Lord Randolph's friends think imprudent
for him. His health, though good is not
robust. Salisbury might have Kept him
at hume, but Salisbury's political resent
ments are of the lasting kind. He and Lord
Randolph were once personal friends. Sal
capacity as Prime Minister, "My Dear Ran
dolph." They met recently at the Mari
borough House and Salisbury was too short
sighted to see his dear Randolph"