Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-09-17
A BOON FOR IRELAND
Is Mr.. Morley's Death Blow to the
Old Foley of Coercion. But
THE TORIES SAY 1T Is A BLUNDERj
Englands Euilding and Loan Associations
Are hismanaged.
NEW YORK WILL NOT BE GUARANTEED


tactical blunder.
Liberals whose appreciation of craft in
politics overtops their sense of principle,
think that Mr.. Morley ought to have de-
layed the revocation of the proclamations
until the very eve of the reassembling of
Parliament. He could then, according to
their line of argument, have met Irish
clamor and satisfied Irish pressure by doing
what be has now done under mere sense
of fidelity to pledges, backed by the hope
that the Nationalists will respond to the
confidence he places in them.
The Liberals know the intensity of the
desire of the anti-Parnellites to support Mr.
Morley's initial experiment toward Irish
self-government What they ask Is: Will
the anti-Parnellites' influence prevail? Will
ireland, freed from coercion. have such q
quiet winter as will justify Mr.. Morley's
sudden action?
All Depends Upon the Parnellites.
The Unionists say, of course, that with
the restraints of law removed the irreeon-
cilables will show themselves and outrage
will become rife. 1t is part of the sadness
of the position of the genuine Irish patriots
among the Parnellites, that they are largely
suspected of readiness to cooperate in a re-
newal Of disorder, or, at least, are not ready
to use their influence to control the eruptive
forces.
Although the numerical strength of the
Parnellites IS not great their disturbing
power is immense. If they have not the
priests and wealth of Ireland on their side
they are still in close touch with the core of
nf ha of ha
they yet utterly extinct of power in any
district. They still dominate Glare and
Dublin and greatly influence Galway, Ros-
common, Cork and Waterford. Upon their
torbearance depends the success of Mr..
Morlev's first stroke in behalf of Ireland's
independence.
Although the run on the Birkbeck Bank
was almost concurrent with the collapse OF
the London Provident Bank and with the
failure of several small provincial building
societies, it has not had any apparent in
tiuence on the money market. 1t would be
wrong to suppose that the members of haute
finance were without anxiety.
Misnanagement and Dishonesty.
All over the country, in Wales and the
North of England, especially, these work
ingmen's institutions combining banking
and building operations, are falling to
pieces, chiefly through mismanagement,
but often through the dishonesty OF direc-
tors.
The Birkbeck Bank is the largest institu-
tion Of the kind, with close connection with
some of the great banks and obtained offers
OF assistance to stop the run which was
threatening to spread to a greater financial
sphere. The newspapers gave loyal aid 10
check the panic, abstaining from every hint
of possible disaster and giving prominence
TO every reassuring statement the bankers
wished to circulate. The position tonight
leaves the public half convinced that all is
right, although just cause for anxiety exists
everywhere.
Throughout England there are 2,7OO
building societies, with liabilities of over
95O, 100000. Many of them are known to
be utterly insolvent. Even if the panic
brings no further disastrous developments,
one result will be an amendment to the law
under which they are allowed to exist
The Effect of Cholera on Traffic.
In view of the effect of the outbreak of
cholera in New York on goods and pas
sengers arriving at British and other
ports, the representative of the
Associated Press to-day interviewed John
c. New, the American Consul General |
here. Mr. New said there was no reason to
suppose that any change would occur. |
Traffic would continue as usual. He had |
heard nothing from the British authorities, |
nor any suggestion from business men that |
the existence of isolated cases of the disease |
in New York would in anywise alter the /
present arrangements.
Mr.. New added that he did not believe |
cholera would become epidemic in New |
York or other parts of the United States |
Wnen the authorities in America had to
tackle anything like that they took tight |
hold and kept it, Within his own con-
5ular boundaries cholera, so far as trade was
was utterly untelt The amount |
Of trade during August exceeded that of |
the corresponding month last year, and |
business continued to increase this month.
His own Information concurred with that
received by the English authorities.
No Cholera in the United Kingdom.
Mr.. New further said there is no cholera
within the United Kingdom This was
marvellous, considering that England is the
channel through which some CT the worst
class of continental emigrants poured. IT
Ov any chance cholera did become epidemic
in America, he felt assured that it would
not cause the authorities here to do any,
hing to inconvenience American arrivals,
put he could not even anticipate the ques-
ion of precaution against the United States
Irising.
The representative of the Associated
Press has sought to gain information from
he London agents of the Hamburg-Ameri-
,an Packet Company concerning the state
nents in American papers that written en-
Iagements were given to some OF the Nor
nannia's cabin passengers that that vessel
arried no emigrants The agents decline
o speak one way or the other, but said
hey might controvert the statement, though
they did 1t would only lead to newspaper
controversy and do no good to anybody.
REGARDING the question of the port au-
horltles here making anv restrictions on
ramc with New York on account of cholera
here, the agents thought they knew better;
hat Quarantine system like the American
would not hold here, and trade would go on
IS before. The detention of the Normannia,
he agents added, obliged them to bring the
Columbia back to Southampton without a
ingle passenger aboard in order to meet
he Normannia's engagements.
Record Breaker Under Contract
The White Star Company has commits
Toned the Great Belfast shipbuiiders. Har-
and & w oltf, TO build an Atlantic steamer
hat Will beat the record in size and speed. |
'he has already been named "Gigantic"
nd will be 200 feet long, 65 feet az inches
eam and 4,5O0 horsepower. 1t is calcu-
ated that she will steam % knots an hour.
nth a maximum speed of q knots She
Flll have three screws, two fitted like the
iaJestIc's and the third in the center She ,
S to be ready for sea in March, 1894 ,
Ihe last shipment of California fruit was
old here at unsatisfactory prices. The ex-
was not a success and will not he
epeatea. The Times publishes letter from
an Jose, CAL, which was written with the
ope that 1t may cause many Engiishmeu
pause before trying fruit ranching, which,
he writer says, is wholly overdone. The {