The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-01-31

eonsh and were Prince George never to
marry the crown would pass to the Duchess OF
Fife and afterward descend from her to her
daughter. Lady Alexandra Duff. at present
aged one year. always supposing that son
was not born to her In tho mean time In that
case tho son would naturally take precedence.
We might then land the possibility Is by no
means remotel witness the curious sight of a
Marquis Of MacDuH stepping direct from the
guards or benches Of the House OF Commons
to the throne.
That Fife spectre is positively haunting royal
and aristocratic minds. and It will not be laid
until Prince George shall have married and
provided for the succession"
Prince Henry OF Battenberg has presumably
received leave OF absence from Mother in-law
Victoria. and has gone on a yachting cruise in
the Mediterranean all by himself. Tho Queen
is said to have been much pleased with Bat
tonberCs sympathetic dcmeanor during the
Duke OF Clarence's illness and the ready man
ner in which no made himself useful during
the funeral Hence this holiday and also the
announcement that the good young mans
brother. Prince Louis Of Battenberg. is to have
| the post. coveted by all avail officers. OF Com
mander Of the royal yacht Victoria and Albert.
One Of these days, II Boatrice's husband con-
tinues to be good, he will blossom forth into
an English Duke and take a seat in tho House
good as that Of the Queens son. the Duke Of
Edinburgh
The Prince and Princess Of Wales have
| travelled quietly from Sandringham this week
to Eastbourne. where they have been staying
at Compton place. the delightfully."- secluded
retreat OF the Duke OF Devonshire. Not even
the villagers round about knew Of the royal
visitors presence among them Tho Princess
will in few days leave for the south OF
France. and in all probability Prince George
will accompany her. They will live In strict
seolusion there.
Tho destination Of the funds collected for
the wedding gift to the late Duke OF Clarence
and Princess May remains undecided. 1t was
sought to learn the wishes OF the Prince OF
Wales. but ho declined to give the slightest
hint on SO delicate matter. The Lord Mayor
Of London has convened meeting OF the prn-
cipal collectors throughout the country. to Sc
cure an interchange OF views. and as so many
are in favor OF doing something for Princess
May. 1t Is probable settlement will be made
upon her. The Duke Of Teck. who knows we'll
what royal poverty means Is not likely to veto
1t, though many feel the vulearity OF such an
Offering. Yet few now speak against it.
By the death OF Sir Oscar Clayton. the emil
nent surgeon. the Prince OF Wales has lost one
OF his oldest friends. Clayton was the first OF
the doctors summoned when the Prince was
taken i'll in 1871 to diagnose typhoid fever.
and no has always had the credit of saving tho
Princes life. Sir Oscar was rich bachelor and
nearly 70 years old when he died: but he
never cared to be reminded that he had grown
old always dyed his hair. and enjoyed life i'm
| mensely.
The controversy still RACES in connection
with Mr.. Goschen's 81 note scheme although
1t will not be proceeded with. Next to the
| bankers. the class which takes most interest
In the subject is the retired AnGlo-Indian off,
GERS. civil and military. whose incomes have
been greatly affected by the fall In the price OF
silver. MaiorG Gen. ssxton OF tho Madras staff
corps. speaking for this class remarks to day:
1T Is marvellous that the ssesaw now going on
receives no attention. The United States Gov
eminent every week or 80 purchases something
like 81 .0O0.O 900 Of silver at the current market
price. with the avowed object OF raising the
price Of silver Every week the Secretary OF
State fo- India sells nearly f5C0.OOO worth OF
silver as money not at tho market price. but
invariably below the market quotation. 1t is
impossible under such conditions that any
other result than that which happens could
occur Cooperation with the United States is
the first start toward solving this difficult
problem"
Gen. Saxton. in common with a good many
people in this country. believes In the issue OF
twenty-five form or two-and-a-half- pound
notes, on a silver basis. while others still pin
their faith to pound and ten shilling notes.
Thanks to the discussions and reports in the
newspapers and to the propaganda OF the BIZ
metallic League. thousands Of Englishmen
now take an intelligent interest In the silver
question where formerly scores displayed but
| a languid curiosity. This being so. and Sec
ing there are in the present Cabinet ut least
three bimetalists. more or less pro-
! nounced. the moment is singularly propitious
for asking the British Government to
take part in the International Currency
Congress- II. as 1t is reported here such an
invitation has already been sent. it will almost
certainly be accepted. and 1t Is equally sure
that the Liberal Government which may be In
power few months hence will have nothing
to do with anything which savors OF bi-metal-
lism
Some excitement prevails in the financial
world over the announcement that the Aus
tria-Hungarian Government has decided to
proceed forthwith with a scheme OF currency
reform which will require E2O0O0,0OO ster-
ling in gold to effect As most OF this
will have to come from London special agent
las been sent to talk over the matter with Mr..
Goschen. who is not in an amiable mood Just
now. But the agent has been instructed to
meet the wishes and convenience OF the British
Government and lnanciers as far as possible.
and doubtless tho desired loan will be ar
ranged. The Ne,rs. however. thinks the
agents reception will hardly be a cordial one.
in the FIRST place the present condition OF
business is not such as to make 1t at all desir-
able to give foreign country fresh power to
withdraw gold from London Even II the loan
were concluded on the Continent. London
would DO called upon to supply the gold re-
qnired. As to such silver as Austria has on
hand 1t appears that the Government
OF the dual monarchy has made no
definite offer to the United States
Treasury. and the proposal to Sell
Austrian silver In New York seems to have
been put forward tentatively. In other words
1t was sporting offer for the purpose OF
elicitlng the views Of the American Treasury
in case an opportunity to carry through an
exchange OF Austrian silver for American gold
should arise. Tho amount Of surplus silver
held In Austria Hungary is believed to be be-
tween 3O,o0Oo0Q and 5O.OOO.OOO forms.
1t Is pity the opportunity is not taken to
introduce instead a silver standard; but in
any case the present position Is not one which
would favor the sale OF even k3.0OO,O0O Of Sill